Article 1.-amending Law No. 20.063, which creates the fuels derived from oil price stabilization fund, in the following sense: 1) be added in article 1, the following second paragraph, passing the current subsection second to be third paragraph: "Likewise, with regard to the fuel, liquefied natural gas, created a balancing mechanism of prices that will operate through the Fund in order to maintain the balance of relative prices between liquefied natural gas and liquefied petroleum gas and petroleum diesel, according to the third article transitional provisions, which shall remain in force until the date specified in the preceding paragraph. "."
(2) replace, in the third paragraph of article 6 °, the expression "of the stabilization mechanism established" by "of the mechanisms of stabilization and balance".
(3) replace, in the current transitional fifth article, the expression "fifth" by "first".
(4) merge, the following transitional third article: "third article.-establish a tax to be liquefied natural gas, whose amount per cubic meter is equal to the amount of tax for the same period that serious to the fuel of less value, in units of energy, between the liquefied petroleum gas and petroleum diesel, multiplied by the factor that evidence later." Also, established a credit of tax charge to the liquefied natural gas, whose amount per cubic meter is equal to the amount of the credit from the same period that applies to the fuel of less value, in units of energy, liquefied petroleum gas and petroleum diesel, multiplied by the factor that is designated later.
For purposes of the provisions of the preceding paragraph, the cubic meters of liquefied natural gas should be expressed on the basis of a higher calorific value of 13.100 kilocalories per kilogram. Also means value in units of energy of liquefied gas of oil and petroleum diesel, the price of parity over the tax that would tax it or less credit that is applied according to the operation of the Fund, as applicable, divided by 9,1560 in the case of diesel and 6,1468 in the case of liquefied petroleum gas.
In the event that the liquefied petroleum gas is the fuel of lower value, tax or credits applied to liquefied natural gas will correspond, respectively, to tax or credit of the LPG multiplied by the factor 0,95904. In the event that either petroleum diesel, the fuel of lower value, tax or credit applied to liquefied natural gas will be, respectively, tax or credit of petroleum diesel multiplied by the factor 0,64384.
The resources that the Treasury must contribute or withdraw from the Fund, depending on if it's a tax or credit, respectively, liquefied natural gas, will be those resulting from multiplying the amount of the credit or tax established in the third subparagraph, in the amount of cubic meters of the fuel actually interned by importers, expressed on the basis of the calorific value indicated in the second paragraph with the exception of amounts you conveyed specific mechanisms established in the seventh paragraph of this article.
Concerned tax and specific tax credits, as the case may be, vest at the time of the import of liquefied natural gas and taxed or benefit the importer of them.
For the identification and implementation of tax and credits set out in this article, shall apply only in the twelfth paragraph of article 2 °, paragraphs third, fourth, fifth and seventh of the article 6 and paragraphs third and fourth article 7 of this law.
Those who export liquefied natural gas, or natural gas coming from the regasification of liquefied natural gas, which have paid the tax or perceived tax credit referred to in this article, by products that exported shall be entitled to the refund of the tax or must repay the tax credit, as appropriate, taking into account existing values at the date of export.
This article shall remain in force from the first import of LNG to the country. "."