Petroleum Products Act, 1977 (Act No. 120 of 1997)RegulationsRegulations regarding Petroleum Products Site and Retail LicencesChapter 2 : Retail Licences24. Commencement and continuation of business under retail licence |
| (1) | A licensed retailer must commence with retailing activities at the corresponding licensed site within a period of 12 months after the date on which a retail licence is issued to the licensee, failing which the licence shall lapse. |
| (2) | The Controller may, upon application in writing, extend the period of time contemplated in subregulation (1) for a consecutive period of six months for a total period not exceeding 18 months. |
| (3) | The Controller may request the information necessary from the applicant, concerning an application contemplated in subregulation (2). |