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(1) To ensure the prevalence of fair prices of petroleum products and to facilitate the attainment of a genuine competitive product market at the retail level, the Board shall promote through information dissemination, the active and direct participation of the private sector in the retailing of petroleum products.

(2) The relating of petroleum products may be affected through joint venture or supply agreement for the establishment and operation of retail stations.

(3) The Board shall in collaboration with relevant institutions co-ordinate with

(a) New entrants, and

(b) Existing petroleum dealers In order to facilitate the efficient establishment, operation and maintenance of retail stations.

(4) The provision of this section applies to LPG retailing.

(5) For purpose of this section “petroleum dealers” includes large and small retail outlets.