Regulation 7
7. (1) A contractor, subcontractor, licensee or other allied entity shall before engaging in a petroleum activity prepare and submit a local content plan for approval at the time of
submission to the Commission of an application to undertake a petroleum activity.
(2) For the purposes of subregulation (1), a contractor, subcontractor, licensee, or other
allied entity shall submit to the Commission
(a) a long-term local content plan which corresponds with the work programme
that accompanies the application made by the contractor, subcontractor,
licensee, or other allied entity to undertake petroleum activities as specified in
these Regulations; and
(b) an annual local content plan in respect of each year.
(3) The Commission shall, within seven working days of the receipt of a local content
plan, acknowledge receipt and lodge the local content plan with the Committee.