No licence for the storage of any dangerous goods in liquid form shall be granted or renewed by the Authority unless he is satisfied in relation to the installation required that-
(a) the site of the installation and the plan referred to in regulation 124 have been approved by him and the construction of the installation conforms to the plan;
(b) any-
(i) tankage,
(ii) ancillary container,
(iii) pipeline or other plant, or
(iv) filling, dispensing or pumping equipment,
is constructed according to the designs and specifications therefor approved together with such plan;
(c) all electrical equipment is securely insulated and, where necessary, earthed and otherwise installed and fitted to his satisfaction;
(d) the installation is free from traps likely to accumulate inflammable liquid or vapour;
(e) any drainage outlets are so constructed as to prevent the escape of waste oils into any sewer or drain or into the waters of Hong Kong; (L.N. 88 of 1991)
(f) the installation is fenced about or otherwise protected to his satisfaction against access thereto by unauthorized persons;
(g) on every tank or near to every group of tanks there is prominently displayed a notice, in English and Chinese, naming the substance stored therein and prohibiting smoking and the use of naked lights;
(h) the installation is provided with such fire extinguishing equipment as he may, having regard to the nature of the substance to be stored, require; and
(i) the layout of the installation is such as to permit the ready access of mobile fire fighting equipment.