The purpose of this Act to promote the sound development of the oil industry, safeguard the production and sales of oil, ensure the steady supply of oil, enhance people's livelihoods, and develop the national economy while at the same time give equal consideration to environmental protection. An oil importer must be a limited liability corporation. Before importing oil, a business must submit an application to the central competent authority for an establishment permit. In order to set up an oil refinery, an establishment permit must be obtained from the central competent authority. A business engaging in the production, import, blending, sales of alcohol gasoline, bio-diesel, or renewable oil products must apply for prior approval of the central competent authority for operating the business. Only petroleum products that meet the national standards can be imported or sold in the domestic market. The Act further provides for the supervision and inspection, offences and penalties, etc.
مقاطعة تايوان الصينية · 2001-10-11