EXPLANATORY STATEMENT
STATUTORY RULES 1990
Issued by Authority of the Minister for Industry, Technology and Commerce.
Petroleum Retail Marketing Sites Act 1980
Petroleum Retail Marketing Sites Regulations (Amendment)
The purpose of the Regulation is to provide Ampol Limited (Ampol) with a temporary increase in the number of retail service station sites which it may directly operate during the period 1 August 1990 to 31 July 1991.
Ampol has recently acquired the Solo Oil Group, an independent petrol retailing chain comprising 140 sites in four States. The temporary increase in quota will allow Ampol time in which to rationalise its operations to return the number of direct operated sites to 55 without breaching the site quota provisions of the Act.