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SECTION 12. If the machinery registered under this Act is substantially changed from the items which have been registered, the holder of certificate of machinery registration shall produce the certificate thereof to the Registrar who issued such certificate for registration anew within thirty days from the date of such change.
In case where the machinery mortgaged is changed under paragraph one, the owner of machinery shall produce a letter of consent of the mortgagee to the Registrar, and the machinery so changed shall be deemed as replacement of the original machinery.

SECTION 13. In case of removal of mortgage or redemption of sale of machinery registered under this Act, the owner or seller of machinery shall produce evidence indicating such removal or redemption of the mortgagee or buyer together with the certificate of machinery registration to the Registrar who issued such certificate for registration of removal or redemption.

When the Registrar has examined the evidence to be correct, he shall record down such removal or redemption in the certificate of registration.

SECTION 14. Any person may, upon payment of fees, inspect documents kept by the Registrar, or request for a certified copy of any of such documents.

SECTION 15. Whoever violated Section 11 or Section 12 shall be punishable with fine not exceeding Two Thousand Baht.

SECTION 16. If the offence under Section 15 is committed against machinery mortgaged, and such commission is likely to cause damage to the mortgagee, the offender shall be punishable with a term of imprisonment not exceeding one year or fine not exceeding Two Thousand Baht, or both.

SECTION 17. The Minister of Industry shall be in charge and control on the execution of this Act, and shall have the power to appoint Registrars and competent officials and to issue Ministerial Regulations prescribing fees not exceeding the rates in the schedule annexed hereto and other matters for the execution of this Act.
Such Ministerial Regulations shall come into force upon their publication in the Government Gazette.

Counter-signed by
Prime Minister
(Govt. Gaz. Vol. 88, Pt. 44, dated 27th April 1971)

Index Page
[1]  [2]

REMARKS: The reason for the promulgation of this Act is that at present the mortgage of machineries could not be executed under the provisions of the Civil and Commercial Code as machineries are not moveable properties which have been registered. Therefore, it is deemed appropriate to have a law on machinery registration in order that the industrial operators who have registered their machineries may mortgage their machineries, which will assist the industrial operators to have additional operating capital which will be benefitial to the country in industrial development.


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