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The Petroleum Act, 1934

Chapter I — CONTROL OVER PETROLEUM

Section 7No licence needed for transport or storage of limited quantities of petroleum Class B or petroleum Class C

Read in the full Act
Section 7: No licence needed for transport or storage of limited quantities of petroleum Class B or petroleum Class C

7. No licence needed for transport or storage of limited quantities of petroleum Class B or petroleum Class C

7. No licence needed for transport or storage of limited quantities of petroleum Class B or petroleum Class C.—Notwithstanding anything contained in this Chapter, a person need not obtain a licence for the transport or storage of—

(i)

petroleum Class B if the total quantity in his possession at any one place does not exceed two thousand and five hundred litres and none of it is contained in a receptacle exceeding one thousand litres in capacity; or

(ii)

petroleum Class C if the total quantity in his possession at any one place does not exceed forty-five thousand litres and such petroleum is transported or stored in accordance with the rules made under section 4.

Amendment notes (1)
  1. Subs w.e.f. 1-8-1976 . Subs. by Act 24 of 1970, s. 8, for sections 7 and 8 (w.e.f. 1-8-1976).