Fuel Trading Act, (No. 2) B.E. 2550.

This Act replaces several sections of the previous Fuel Trading Act. Types and rates of fuel to be reserved and criteria, methods and conditions governing computation of the reserved volume shall be made pursuant to announcements made by the Director-General. The rate of fuel to be reserved must not exceed thirty percent of the annual trade volume. Where necessary for the sake of national security, prevention and remedy of fuel shortages as well as determination and control of fuel qualities, an announcement will be made by the Minister to set up conditions concerning any other trading measures considered appropriate which are to be complied with by oil traders.