Petroleum Products (Regulation And Control Of Supplies) Act (No. 34 of 1979)

Sri Lanka Consolidated Acts

Interpretation

44.

(1) In this Act unless the context otherwise requires-

(2) A permit shall be deemed to be a valid permit for the purposes of this Act-

	(a) if any coupon which was attached to the permit when the permit was issued remains un-surrendered for the purpose of purchasing or obtaining the petroleum product in respect of which the permit was issued; and

	(b) if the period in respect of which the permit was issued has not expired.

(3) A coupon shall be deemed to be a valid coupon for the purposes of this Act-

	(a) if it is attached to a valid permit;

	(b) if the coupon has not been surrendered for the purpose of purchasing or obtaining from a retail depot, the petroleum product in respect of which the permit is issued ; and

	(c) the period in respect of which such coupon was issued has not expired.