SI 2020-065 Petroleum (Direct Fuel Imports and Marking of Fuel) Regulations, 2020

IT is hereby notified that the Minister of Energy and Power Development after consultation with the Zimbabwe Energy Regulatory Authority has, in terms of section 57 of the Petroleum Act [Chapter 13:22], made the following regulations:—
Title
1. These regulations may be cited as the Petroleum (Direct Fuel Imports and Marking of Fuel) Regulations, 2020.
Interpretation
2. In these regulations—
“approved marker” means a fuel marking substance of such specifi cations as the Authority shall approve;
“bulk”, in relation to petrol or diesel, means petrol or diesel in such a quantity as cannot be carried in portable containers and as cannot be retailed in a single transaction;
“DFI retail site” means a direct fuel import retail site, that is to say a fuel retail site authorised by the Authority to sell petrol or diesel in foreign currency, and designated as such a site by notice in the Gazette;
“foreign currency” means the British Pound, United States Dollar, South African Rand, Chinese Yuan, Japanese Yen, Indian Rupee, Botswana Pula or any other currency designated as a foreign currency by the exchange control authority;
“fuel marking” means the process of introducing an approved marker into petrol or diesel;
“operator of a DFI retail site” means a petroleum licensee authorised by the Authority in terms of section 3 to operate any fuel retail site as a DFI retail site;
“Reserve Bank” means the Reserve Bank of Zimbabwe.

 

Download File: 

Tags: