Article 1.-the Treasury of Chile, subject to the requirements of this Act and that there is agreement on the price, pursuant to article 9, you will need to purchase, through the Ministry of national property, urban real estate from private owners located in the commune of Chaiten, have or not proved these affected by the eruption of the Chaitén volcano or the aftermath of the catastrophe. Also, you should buy that part, extension or room of the rural properties from private owners located in the communes of Chaitén and Futaleufú which has suffered massive losses by the eruption of the Chaitén volcano or the aftermath of this disaster, either in the soils, mulches, on the suitability of the soil for agricultural activities, buildings or improvements intended for such purpose , or in other buildings or improvements made or introduced by their owners in these premises, for any other productive activity or service. In the event that has been affected throughout the rural property, the Treasury should buy it entirely.
By decree issued through the Ministry of national property, which must also be signed by the Minister of agriculture, will define the meaning and scope of the expression "heavy losses" and "sequels" term for the purposes of this Act.
Urban properties means all those who were on the radio that comprises the urban limit defined by the Decree Nº 128, 1987, of the Ministry of housing and urban development, before the eruption of May 2, 2008 and, moreover, which are individualized in the X-5-919-CR planes; X 5-848-SR; X 5-1488-CR; X 5-1581-CR; X-5-2014-CR, and X-5-2055-SR, as well as real estate arising in subdivisions or transfers resulting from these planes. Also, means rural properties all those who were outside the radio up until May 2, 2008. The existence of huge losses and sequels that have been able to suffer the latter shall be determined and certified by the Ministry of agriculture through its respective Ministerial Regional Secretariat, within a maximum period of thirty consecutive days are numbered since that institution is required.
Such certification will be made by an administrative act that will contain your technical justification, which is public and shall be recorded in the institutional web page of the Ministry of national property. In the same way, they will be public and will appear in the referred Web site institutional resolutions approving or reject applications submitted under this Act, and the commercial value of each of the properties sold to the Treasury, once this is determined by the Committee of experts according to which have articles 7 et seq. of the present legal text as well as the circumstance that the original amount set by it is modified as a result of a reconsideration or reestudio of that value. Resolutions approving or reject the requests referred to in this subsection shall be subscribed by the Regional Ministerial Secretary of national property of the Lakes.
Against the resolution whereby certifying the absence of massive losses and aftermath, in the terms referred to in the preceding subparagraphs, shall make all the resources set forth in law Nº 19.880.