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

Regulations

Regulations Regarding the Use of Payment Cards to Purchase Petroleum Products at a Retail Site

4. Method of payment for sale of petroleum products at a retail site

 

(1) A retailer must accept payment in the form of cash.

 

(2) A retailer may accept payment in the form of a payment card.

 

(3) A notice on the type of payment card that is acceptable to the retailer must be prominently displayed.

 

(4) If no type of payment card is acceptable to the retailer then a notice to that effect must be prominently displayed.

 

(5) Despite the acceptance of payment in the form of a payment card contemplated in sub-regulation 4(2), the Department of Energy must, for purposes of determining the retail margin, treat all transactions as cash sales.

 

(6) The Department of Energy must determine and publish the cost of cash and the elements thereof on its website.

 

 


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