5/31/2021 LICENCES ACT, 2010 | L | Alphabetical List of Statutes to the licence fee and any other penalty under the Act, to a surcharge equal to 10% of the licence fee for each month or part thereof which has elapsed from the date of the expiration of the previous licence and the date of the lodging of his application. (3) Where the application is refused the Authority shall refund the licence fee and the surcharge to the applicant. 9. Validity and transferability of a licence. (1) A licence granted under these Regulations shall be valid for a period of five years unless revoked by the Authority. [Reg 9(1) rep and subs by reg 2(d) of SI 24 of 2012 w.e.f. 7 May 2012.] (2) A licence to deal in or sell petroleum may, with the permission of the Authority, and subject to such conditions as the Authority may impose, be transferred. 10. Display of licence. The holder of a licence under these Regulations shall display the licence at a conspicuous place at his principal place of business. SCHEDULE [Regulation 8(1)] [Sch rep and subs by reg 2(e) of SI 24 of 2012 w.e.f. 7 May 2012.] FEES 1. Licence fee for 5 years SCR (i) 1,200 petroleum warehouse (ii) xed supply pump to store petroleum other than kerosene 500 (iii) xed supply pump to store kerosene 500 (iv) movable supply pump to store petroleum other than kerosene 500 (v) 500 movable supply pump to store kerosene (vi) dealing in or sale of petroleum where storage capacity exceeds 1000 litres 2,000 (vii) dealing in or sale of petroleum where storage capacity is less than 1000 litres 250 Licence (Trade) Regulations Arrangement of Regulations 1. Citation. 2. Application for a licence. 3. Form of licence. 4. Bodies to be consulted. 5. Conditions of trade licence under regulations 3(1)(d), (e), (f), (g) and (h). 6. Processing fees to accompany application. 7. Validity and non-transferability of licence. SCHEDULE  (/) SI 22 of 1987, 12 of 1992, https://www.seychelleslaw.sc/l/licences-act-2010/print 13/19