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

Regulations

Regulations regarding Petroleum Products Wholesale Licences

6. Evaluation of a wholesale licence application

 

(1) In evaluating an application for a wholesale licence, the Controller must, subject to subregulation (2), verify that—
(a) the information and the documents submitted with the application form are true and correct; and
(b) the notice contemplated in regulation 4(1) was published.

 

(2) In the case of an application for a wholesale licence made by a person in respect of whom section 2D of the Act is not applicable, the Controller must be satisfied that the wholesaling business will—
(a) promote the licensing objectives stipulated in section 2B(2) of the Act; and
(b) be economically viable.