No person shall keep, store or be in possession of, any authorized explosive in or on any premises -
(a) except in an explosives factory or explosives magazine; or
(b) unless the explosive be kept for private use, and not for sale or other disposal, and in accordance with regulation; or
(c) unless the explosive be kept by the State for use in the construction of any railway, road, or other public work, and be stored in a temporary magazine approved by an inspector and under conditions prescribed in writing by an inspector; or
(d) unless authorized thereto by a permit issued by an inspector and the explosive be kept in quantities not exceeding 500 kilograms, and be stored in an isolated place approved by an inspector and under conditions prescribed in writing by an inspector; or
(e) unless the explosive be kept by a person in possession of a licence, as provided in section seven, to deal in explosives, and in accordance with any conditions attached to that licence, or prescribed by regulation.