Petroleum Products Act, 1977 (Act No. 120 of 1997)RegulationsRegulations regarding Petroleum Products Wholesale Licences6. 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. |