Petroleum Products Act, 1977 (Act No. 120 of 1997)RegulationsRegulations regarding Petroleum Products Wholesale Licences8. Procedure for issuing wholesale licence |
The Controller must, if satisfied that an application for a wholesale licence meets the requirements of the Act and these Regulations—
(a) | inform the applicant that the application has been successful; |
(b) | require the applicant to, within the period determined by the Controller— |
(i) | pay the relevant licence fee determined in Annexure B into the relevant regional bank account; and |
(ii) | submit the documents contemplated in regulation 16; and |
issue the wholesale licence upon receipt of the documentation contemplated in paragraph b(ii).