Petroleum Products Act, 1977 (Act No. 120 of 1977)RegulationsRegulations regarding Petroleum Products Specifications and Standards for Implementation : effective 01 September 20239. Records |
(1) | A licensee must keep records of purchase and sale transactions of petroleum products including— |
(a) | grades of petroleum product purchased or sold, as the case may be; |
(b) | quantities of petroleum product purchased or sold, as the case may be; |
(c) | documentation by which the physical receipt of a petroleum product can be linked to the order, purchase and payment for that batch of petroleum product; |
(e) | results of any tests performed on a batch of a petroleum product, including the details of that batch and the date of each test; |
(f) | records by which the petroleum product tested can be traced back to its delivery docket; and |
(g) | port of entry, in the case of a batch of imported petroleum product. |
(2) | The records referred to in subregulation (1) must be— |
(a) | retained for a period of 5 years; |
(b) | kept at the address registered with the Controller; and |
(c) | disclosed to an inspector on request. |