Malaysia legislation

Section 77B

of *CUSTOMS ACT 1967

Section 77B

Licensing of petroleum supply base

(2)

The licence issued under subsection (1)—

(a)

shall be for such period and subject to such conditions as the Director General may specify in the licence; and

92

(b)

may be withdrawn, suspended or cancelled by the Director

General.

(3)

The licensee shall, for the proper conduct of his business, furnish such security as may be required by the Director General.

(4)

The licensee shall provide appropriate customs office and facilities within or at the perimeter of the petroleum supply base at the expense of the licensee.

Release of goods from petroleum supply base