Notice of Introduction Petroleum Products Amendment Bill 2022 [PMB]

Call for comments opened 08 July 2022 Share this page:

Submissions are now closed (since 08 August 2022)

Mineral Resources and Energy

In accordance with section 73(2) of the Constitution of the Republic of South Africa, 1996, notice is given that Mr Kevin Mileham, MP, intends to introduce the Petroleum Products Amendment Bill, 2022, (“the Bill”) in Parliament. An explanatory summary of the Bill is hereby published in accordance with Rule 276(1)(c) of the Rules of the National Assembly (9th Edition).

The Petroleum Products Act, 1977 (Act No. 120 of 1977) (“the Act”) provides the Minister with the power to prescribe the price of petroleum products, and to regulate or prohibit business practices which may influence or affect, directly or indirectly, the purchase or selling price of petroleum products at any outlet. The Bill will seek to amend and remove provisions contained throughout the Act, which directly and indirectly provide the Minister with the ability to determine or influence the price of petroleum products in South Africa.

The Bill will de-regulate the fuel sector in South Africa, thereby allowing fuel retailers to determine their own prices. This will result in lower fuel prices as retailers compete to attract customers.

Find here: Notice of Introduction Petroleum Products Amendment Bill 2022 [PMB]

Comments can be emailed to the Speaker of the National Assembly at speaker@parliament.gov.za and Mr Kevin Mileham at legislation@da.org.zaby no later than Monday, 8 August 2022.

Enquiries can be directed to Mr Kevin Mileham at legislation@da.org.za