Regulation 8
8. (1) The Committee shall within twenty-five working days of the receipt of the local
content plan submitted under regulation 7(3), review and assess the plan and inform the
Commission in writing of the recommendations of the Committee.
(2) The Committee shall, if satisfied that the plan complies with the requirements of
these Regulations, recommend the local content plan to the Commission for approval.
(3) Where the Committee is dissatisfied with the local content plan the Committee shall
recommend that the Commission reject a plan and it shall state the reasons for the
recommendation.
(4) The Committee may for the purposes of reviewing or assessing the local content plan
(a) provide as far as practicable to persons involved in the petroleum industry or likely
to be affected by the decision, a reasonable opportunity of being heard; and
(b) take into account any representation made before submitting its recommendations
to the Commission.
(5) The Commission shall approve the local content plan if the Commission is satisfied that
the local content plan complies with the provisions of these Regulations and shall communicate
the decision of the Commission to the applicant within seven working days of the approval of the
recommendations of the Committee.
(6) Where based on the recommendations made by the Committee, the Commission
determines not to approve the local content plan, in whole or in part, the Commission, shall within
seven working days of making that determination, notify the applicant and furnish the applicant
with a written statement of the reasons for refusal of the Commission to approve the local content
plan.
(7) Where the Commission refuses to approve the local content plan submitted by the
applicant, the applicant shall
(a) revise the local content plan taking into account the recommendations of the
Commission, and
(b) within fourteen working days, submit the revised local content plan to the
Commission.
(8) Where the Commission fails to notify the applicant of its approval or otherwise of the
revised local content plan, the revised local content plan shall be deemed approved after fifty working days of the submission.