S.L. 545.22 Art. 25Termination of authorisation.

(1) When an authorised person or the authorised provider, as the case may be, decides either to suspend or terminate his authorisation to operate a petroleum filling station or to operate a secondary storage facility of petroleum or to carry out the activity of a fuel distributor, the authorised person or authorised provider shall promptly notify the Regulator in the form prescribed by the Regulator, to notify such a termination or suspension.

(2) Upon acknowledgment by the Regulator to the authorised person or authorised provider of the notification mentioned in sub-regulation (1), the authorisation shall be considered to have ceased to be in force and with immediate effect from the date of such acknowledgment the operation of the petroleum filling station or the operation of the secondary storage facility of petroleum or fuel distributor’s business, shall be deemed to be unauthorised.

(3) Notwithstanding any notification for the termination or suspension of an authorisation, the authorised person or authorised provider shall remain liable for the payment of any authorisation fees due prior to such notification.