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Petroleum Products Act, 1977 (Act No. 120 of 1997)

Regulations

Regulations regarding Petroleum Products Site and Retail Licences

Chapter 2 : Retail Licences

15. Lodging of retail licence application

 

(1) An applicant for a retail licence, must—
(a) complete an application form in the form contained in Annexure A; and
(b) lodge that application with the Controller together with the documents specified—
(i) in the case of an applicant in respect of whom section 2D of the Act is not applicable, in regulation 25(1); or
(ii) in the case of an applicant in respect of whom section 2D of the Act is applicable, in regulation 25(2).

 

(2) An applicant in respect of whom section 2D of the Act is not applicable, must provide—
(a) the result of the net present value calculation; and
(b) all data and assumptions used in the calculation of the net present value.

 

(3) In the case of a retail business owned by a licensed wholesaler for training purposes, the licensed wholesaler must submit with the application a declaration stating that the licensed retailing activity will be used for training purposes.

 

(4) The application contemplated in subregulation (1) must be lodged together with an application for a corresponding site licence: Provided that in the case of a licensed site, a valid site licence, or a certified copy thereof, must accompany the application.