Petroleum Act (No. 5), B.E. 2534

PETROLEUM ACT (No.5) B.E. 2534 Section 3. The provision of Section 70 of the Petroleum Act B.E. 2514 shall be repealed and replaced by the following "Section 70. The concessionaire and those contractors who have made firm contracts directly with the concessionaire shall have the right to bring into Thailand machinery, equipment, tools, structures, transport vehicles, accessories, spare parts and other materials which are to be used in the petroleum operations free of import duty under the law on customs tariff and free of values added taxes (VAT) under the Revenue Code; provided, however, that the said goods shall be those on which the Committee has issued orders of the approval that they are necessary for the conduct of petroleum operations. The concessionaire shall have the right to appeal to the Minister against the order of the Committee within thirty days from the date of his receiving such order."