Chapter 7
Final Provisions
Section 57. All powers and duties vested in the Board of
Investment under the Announcement of the National Executive Council
No. 227 dated October 18, B.E. 2515, concerning the execution of the
Announcement of the National Executive Council No. 328, dated
December 13, B.E. 2515 shall be the power and duties of the Board
under this Act.
Section 58. It shall be considered that a person who has received
the promotion certificate to undertake an industrial activity according to
the category, size and conditions as stipulated by Ministerial Regulations
or announcements of the Board of Industrial Investment under the law
on promotion of industrial investment and a person who has received the
promotion certificate under the announcement of the National Executive
Council No. 227 dated October 18, B.E. 2515 prior to the date this Act
comes into force, shall be the promoted person under this Act and shall
continue to enjoy such right and benefits under the conditions stipulated
in the promotion certificate and shall also have the right to apply for the
rights and benefits under this Act.
Section 59. Applications for promotion which have been approved
for promotion by the Board under the Announcement of the National
Executive Council No. 227 dated October 18, B.E. 2515 shall be
considered as having been approved for promotion by the Board under
this Act.
Section 60. Applications for promotion which are pending
consideration on the date this Act comes into force shall be considered as
having been filed under this Act.
Countersigned by
Thanin Kraivixien
Prime Minister
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(Source: BOI : The Board of Investment of Thailand) |