La presente Ley oficializa el sistema de cuadrículas mineras con coordenadas referidas al Sistema Geodésico Horizontal Oficial (WGS84), con base en la Red Geodésica Geocéntrica Nacional (REGGEN), la misma que se sustenta en el Sistema de Referencia Geocéntrico para las Américas (SIRGAS).
This Act may be cited as the Immovable Property (Tenure, Registration and Valuation) (Amendment) (No. 3) Law of 2016 and shall be read together with the Immovable Property (Tenure, Registration and Valuation) Law. Amendments deal with adminstrative and legal proceedings for land leasing. Article 2 of the basic law is amended by adding the following new terms and definitions of "government settlement".
The Basic Law is amended by adding at the end of Part VI A, the following new Part VIB on Land leasing Interpretative provisions.
Article 43 of Land Code shall be amended to add the following wording: “Allotment of land plots located within 500 meters from coastline of a waterbody shall be performed after establishment of borders of water conservation zones and regime of its economic management, except for protected areas and public forests”.
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