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S.L. 545.22 · Petroleum For The Inland (Retail) (S.L. 545.22)

S.L. 545.22 Art. 16Powers to impose conditions of authorisation.

In KraftAmtlicher Text

(1) The Regulator shall have the power to include in an authorisation issued under these regulations any such conditions as the Regulator considers requisite or suitable.

(2) Each of the individual authorisations mentioned in regulation 4(1) shall have a minimum set of general conditions: Provided that special conditions may be attached to any authorisation issued under these regulations.

(3) The authorised person or the authorised provider shall at all times comply with these regulations and with the conditions of an authorisation.

(4) The conditions included in an authorisation may contain, but not necessarily be limited to, provisions regarding:

(a) the grant and term of the authorisation;

(b) suspension, variation and transfer conditions of the authorisation;

(c) compliance requirements to conditions, directions, management letters, standards, guidelines, codes of practice or rules given by the Regulator or as may be established at law;

(d) the obligations of the authorised person or the authorised provider including but not limited to customer service obligations;

(e) the supply of designated geographical areas in the country;

(f) the promotion of the efficient operation of the petroleum market and protection of consumers in terms of the lowest possible prices combined with the highest quality of petroleum products;

(g) monitoring and recording of the authorised operations;

(h) reporting, auditing and submission of information to the Regulator;

(i) inspection, making copies and taking extracts from books and records held by the authorised person or authorised provider and the carrying out of measurements and tests in relation to any authorised facility, assets or plant;

(j) assessment and auditing of operations, activities and practices and their compliance to authorisation conditions; and

(k) regulation of subsidiary companies and, or companies executing part of the regulated operations, activities and practices.

(5) Any person granted an authorisation under these regulations shall:

(a) comply with any direction given by the Regulator as to such matters as are specified in the authorisation or are of a description so specified;

(b) execute the regulated operations, activities and practices in accordance with such authorisation conditions;

(c) act in accordance with any requirements as are specified in the authorisation or are of a description so specified; and

(d) comply with the decisions or directions issued by the Regulator.

(6) The authorised provider shall inform the Regulator of any changes relating to his activity which result in the conditions for his authorisation no longer being met and the creation of subsidiaries whose activities fall within the scope of the authorisation and, or the authorisation scheme.