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Petroleum Products Act, 1977 (Act No. 120 of 1977)

Regulations

Regulations regarding Petroleum Products Manufacturing Licences

23. Termination of licence

 

(1) A licence ceases to be valid if—
(a) the licence is surrendered to the Controller;
(b) the licence is cancelled by the Controller in accordance with regulation 22(2); or
(c) the licensed activity is no longer a going concern.

 

(2) If a licence has ceased to be valid, the licensed manufacturer must surrender the licence to the Controller within a period of 14 days from the date of receipt of the notification in which the licensed manufacturer is informed that the licence is no longer valid.