Read the untranslated law here: http://www.gacetaoficialdebolivia.gob.bo/index.php/normas/verGratis_gob2/49427
LAW OF 14 OCTOBER 1947
PROPERTY CATASTRACION REGADAS.â € "ModificÃ¡ndose the artÃ-ass 5O. of the Law of 9 January 1945, it is determined that benefited each owner will pay annually the sum of Bs. 350.â € "per hectare.
Enrique Hertzog G. CONSTITUTIONAL PRESIDENT OF THE REPÃšBLICA
Whereas, the National Congress has sanctioned the following Law:
THE NATIONAL CONGRESS H. DECREES:
ArtÃ-ass 1o.â € "ModifÃ-case Arta-ass 5O. of the Law of January 9, 1945, as follows:. "ArtÃ-ass on the 5th to the amortization of the total cost of the works utilizarÃ¡n the following resources: a) Each owner benefited comprised within the catastraciÃ³n of irrigated properties, made by the General Directorate Irrigation, will pay an annual account amortization of Bs 350.â € "(three hundred and fifty Bolivian oo | 100).. per hectare to cover the cost of the work b) 50 % of Vala-a plus in land transactions falling within the catastraciÃ³n of the properties benefit from irrigation. the Vala-a plus is will determine on the rateable value declared in accordance with the Act of October 20, 1944 joined amortization fees paid to date of sale in accordance with paragraph a). the buyer will continue paying dues amortization of works still pending. they will be
These funds raised by Management System and Ã-ntegramente they will be deposited in special accounts that the Irrigation Directorate has opened at the Central Bank of Bolivia and is destinarÃ¡n invariably the amortization of existing and new taxes to be obtained for construction of these works and other works of watered-or the rest of the PAA-s. To ensure payment of amortization, every owner of land comprised within the area of irrigation, will sign a contract with the Irrigation Directorate, a document that, in addition to guarantee the payment of redemptions, consolidarÃ¡ rights owner and user of the system, in terms tÃ © established by the respective Regulations. "
ArtÃ-ass 2o.â €" major Household Income obtained by the modification of the previous artÃ-ass, is destinarÃ¡n immediately to an advance over current account up to the amount of Bs. 10.000.000.â € "that concederÃ¡ the Central Bank of Bolivia to the committee Development © Fiscal agra-cola and watered-or later if defined destinÃ¡ndose the Argentine-Bolivian Convention, the payment of emprÃ © stitos to be obtained for the promotion and building Rooms irrigation works in the PAA-s.
commune-that wILL to the Executive for constitutional purposes.
Room National Congress sessions.
La Paz, October 6, 1947.
M. Urriolagoitia. â € "Sixto Lopez Ballesteros.â €" M. Mogro Moreno, Senator Secretario.â € "P. Saucedo Barberá, Senator Secretario.â € "P. Mountain ± or Deputy Secretario.â € "A. PÃ³rcel Camacho, Deputy Secretary.
THEREFORE I enacted for you have and meets as the Law of the Republic.
Government Palace in the city of La Paz, on the fourteenth decade-as of October in 1947 year ± os.
E. HERTZOG.â € "E. Tardà-o.
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