3.1 In case where there is a warranty of machinery, the Company is required to submit the checklist of machinery that has been exempted for import duty fees by filling out the form and conditions provided by the BOI for approval within 1 year starting from the termination of import period. When the period of 1 year is due, the BOI committee shall withdraw any rights of exemption of import duty fees for the machinery particularly imported for this purpose and on the period of warranty of duty fee from the Bank.
3.2 The Company shall use the machinery that has been exempted from import duty fee for the purpose of operations as prescribed in the Promotion Card.
3.3 The Company shall not allow any mortgage, sales, transfer or lease to other parties for the machinery that has been exempted from import duty fee.
3.3.1 In case where the Company has been granted approval for the mortgage of machinery and there is a lawsuit against that machinery, the Company is requested to inform the BOI within 15 days starting from the date of file stamped by the court.