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Just as recent as final month, two suppliers of bunker gasoline had their licenses annulled; a revocation that should never have happened had they pay a bit of extra attention to contractual element – a clause prohibited the transferring of bunker license to another entity. They breached phrases of their licence by allowing another firm to make use of its bunker delivery notes to supply bunkers to prospects. The licence was said as non-transferable. What constitutes non-transferability is normally defined in the context of the licence itself, and it’s for the licensee to take word and comply with its requirements.
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Condo Singapore TOP 2015 7 years, 4 months ago