AI Summary of 101. Licensing of mineral oil traders.
The legislation mandates that individuals engaging in the production, sale, or delivery of mineral oils and certain fuels must obtain specific licences, namely an auto-fuel trader's licence or a marked fuel trader's licence. Each activity requires a separate licence for different premises, ensuring strict regulatory oversight.
Compliance with excise laws is crucial, with conditions imposed on licence holders regarding their operations and record-keeping. Non-compliance can lead to revocation of licences, emphasising the importance of transparency and adherence to regulatory requirements in the handling of mineral oils.
101. Licensing of mineral oil traders.
(1) Every person who -
(a) produces, sells or deals in,
(b) keeps for sale or delivery, or
(c) delivers,
any mineral oil (other than additives or vehicle gas) for use as a propellant, or any aviation gasoline, shall hold a licence (in this section referred to as an "auto-fuel trader's licence") granted by the Commissioners under this section.
(2) Every person who -
(a) produces, sells or deals in,
(b) keeps for sale or delivery, or
(c) delivers,
any gas oil or kerosene that is, under section 97, liable to a rate lower than the appropriate standard rate, shall hold a licence (in this section referred to as a "marked fuel trader's licence") granted by the Commissioners under this section.
(3) For the purposes of subsections (1) and (2), a person must hold a separate auto-fuel trader's licence or marked fuel trader's licence for each premises in which the mineral oil concerned is produced and each premises or, in the case of a marked fuel trader's licence, place, in which it is -
(a) sold or dealt in, or