Petroleum Products Act, 1977 (Act No. 120 of 1997)RegulationsRegulations regarding Petroleum Products Site and Retail LicencesChapter 2 : Retail Licences15. 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. |