17. Restriction upon disposition of articles imported with declared benefits as to customs duty
No article imported into the island by a development company with any declared benefit in respect of customs duty under the provisions of this Act shall be used for purposes other than the purposes for which they were imported, or sold, given away or otherwise disposed of by any person except—
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(a) in the case of an assignment of a development enterprise for the purpose of which such article was imported into the island, to the assignee of such enterprise;
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(b) upon the development company which imported such articles paying to the Comptroller of Customs such sum, if any, as represents the difference between the customs duty which, but for the provisions of this Act would have been paid on the article when imported, and the customs duty payable on its value assessed by the Comptroller of Customs at the date of its sale or other disposal as if it were imported into the island at the aforesaid date, and at the aforesaid value; or
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(c) after the expiration of 10 years from the date of importation of such article into the island.