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.
