Common use of Local Content Clause in Contracts

Local Content. (a) The Contractor shall comply with the Local Content Proposal and local content requirements stipulated in Applicable Law on onshore Petroleum Operations. (b) If the Contractor considers on reasonable grounds that the Local Content Proposal needs to be varied, it shall submit its reasons to the Ministry together with a revised proposal dealing with the training and employment of and the acquisition of goods and services from Timor-Leste nationals (“Revised Local Content Proposal”), according to the Applicable Law on onshore Petroleum Operations. (c) The Ministry will notify the Contractor whether it approves the Revised Local Content Proposal within thirty (30) days of receipt. (d) Where the Ministry does not approve a Revised Local Content Proposal, the Ministry shall notify the Contractor of: (i) The reason for the decision; and (ii) The measures that the Contractor is required to take for the Revised Local Content Proposal to be approved. (e) The Contractor who receives notification pursuant to Article 7.4 (d) shall amend the Revised Local Content Proposal in accordance with the measures specified by the Ministry and resubmit the amended Revised Local Content Proposal for approval. (f) The Ministry shall notify the Contractor whether it approves an amended Revised Local Content Proposal pursuant to Article 7.4 (e) within thirty (30) days of receipt and the procedure set out in Article 7.4 (d) and (e) shall apply to the amended Revised Local Content Proposal.

Local Content. (a) The Contractor shall comply with the Local Content Proposal and local content requirements stipulated in Applicable Law on onshore Petroleum OperationsLaw. (b) If the Contractor considers on reasonable grounds that the Local Content Proposal needs to be varied, it shall submit its reasons to the Ministry together with a revised proposal dealing with the training and employment of and the acquisition of goods and services from Timor-Leste nationals (“Revised Local Content Proposal”), according to with the Applicable Law on onshore Petroleum OperationsAct. . (c) The Ministry will notify the Contractor whether it approves the Revised Local Content Proposal within thirty (30) days of receipt. (d) Where the Ministry does not approve a Revised Local Content Proposal, the Ministry shall notify the Contractor of: (i) The the reason for the decision; and (ii) The the measures that the Contractor is required to take for the Revised Local Content Proposal to be approved. (e) The Contractor who receives notification pursuant to Article 7.4 (dparagraph 7.4(d) shall amend the Revised Local Content Proposal in accordance with the measures specified by the Ministry and resubmit the amended Revised Local Content Proposal for approval. (f) The Ministry shall notify the Contractor whether it approves an amended Revised Local Content Proposal pursuant to Article paragraph 7.4 (e) within thirty (30) days of receipt and the procedure set out in Article paragraphs 7.4 (d) and (e) shall apply to the amended Revised Local Content Proposal.

Local Content. (a) The Contractor shall comply with the Local Content Proposal and local content Local Content requirements stipulated in Applicable the Decree-Law on onshore Offshore Petroleum OperationsOperations in Timor- Leste. (b) If the Contractor considers on reasonable grounds that the Local Content Proposal needs to be varied, it shall submit its reasons to the Ministry together with a revised proposal dealing with the training and employment of and the acquisition of goods and services from Timor-Timor- Leste nationals (“Revised Local Content Proposal”), according to the Applicable Decree-Law on onshore Offshore Petroleum OperationsOperations in Timor-Leste. (c) The Ministry will notify the Contractor whether it approves the Revised Local Content Proposal within thirty (30) days Days of receiptreceipt of the Revised Local Content Proposal. (d) Where the Ministry does not approve a Revised Local Content Proposal, the Ministry shall notify the Contractor of: (i) The reason for the decision; and (ii) The measures that the Contractor is required to take for the Revised Local Content Proposal to be approved. (e) The Contractor who receives notification pursuant to Article 7.4 (d) shall amend the Revised Local Content Proposal in accordance with the measures specified by the Ministry and resubmit the amended Revised Local Content Proposal for approval. (f) The Ministry shall notify the Contractor whether it approves an amended Revised Local Content Proposal pursuant to Article 7.4 (e) within thirty (30) days Days of receipt and the procedure set out in Article 7.4 (d) ), and (e) shall apply to the amended Revised Local Content Proposal.