Petroleum Pipelines Act, 2003 (Act No. 60 of 2003)Chapter 3 : Licences22. Term of licence |
| (1) | Any licence issued in terms of this Act is valid for a period of 25 years. |
| (2) | A licensee may apply to have his or her licence renewed. |
| (3) | Every application for renewal must be granted if the licensee has complied with the licence conditions. |
| (4) | When renewing a licence the Authority may impose different conditions within the framework set out in section 20. |
| (5) | A licensee may not sell or assign his or her licence. |
| (6) | Any person taking over the business of a licensee must apply for a licence in his or her own right and section 15 applies in respect of such person. |