| (1) | The Controller of Petroleum Products must issue licences in accordance with the provisions of this Act. |
| (2) | In considering the issuing of any licences in terms of this Act, the Controller of Petroleum Products shall give effect to the provisions of section 2C and the following objectives: |
| (a) | Promoting an efficient manufacturing, wholesaling and retailing petroleum industry; |
| (b) | facilitating an environment conducive to efficient and commercially justifiable investment; |
| (c) | the creation of employment opportunities and the development of small businesses in the petroleum sector; |
| (d) | ensuring countrywide availability of petroleum products at competitive prices: and |
| (e) | promoting access to affordable petroleum products by low-income consumers for household use. |
| (3) | Any licence issued by the Controller of Petroleum Products remains valid for as long as— |
| (a) | the licensee complies with the conditions of the licence; |
| (b) | the licensed activity remains a going concern, excluding a site; and |
| (c) | in the case of a site, there is a corresponding valid retail licence. |
| (4) | The Controller of Petroleum Products must issue only one retail licence per site. |
| (5) | To ensure the continued operation of a licensed activity and the prevention of hardship the Controller of Petroleum Products may, upon application, issue a temporary licence which shall be valid for a period not longer than six months. |
| (6) | [Section 2B(6) deleted by section 3 of Act No. 2 of 2005] |
[Section 2B inserted by section 3 of Act No. 58 of 2003]
