Petroleum Products Act, 1977 (Act No. 120 of 1977)RegulationsRegulations for Biofuels Price2. Regulated Biofuels Price |
| (1) | The regulated biofuels price comprises of the following elements— |
| (i) | the Basic Fuel Price of petroleum diesel (0,005% sulphur) for biodiesel or the Basic Fuel Price of unleaded petroleum petrol 95 (ULP) for bio-ethanol; and |
| (ii) | the magistrial district zone differential; |
| (2) | Any secondary storage that intends to perform blending facility activities must apply for a petroleum manufacture licence in terms of the Act. |
| (3) | A person who contravenes a provision of these Regulations, shall be guilty of an offence as contemplated in section 12(1) of the Act. |