Modifies Rules On Remuneration Of Directors Of The National Company Of The Oil And Of The National Company Of Mining

Original Language Title: MODIFICA NORMAS SOBRE REMUNERACIONES DE LOS DIRECTORES DE LA EMPRESA NACIONAL DEL PETROLEO Y DE LA EMPRESA NACIONAL DE MINERIA

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.
"(Artículo 1°.-Modifíca_se el artículo 3° de la ley N° 9.618, en la forma que se indica: a) replaced in your penultimate paragraph, the sentence"will have as only remuneration which corresponds to the directors of the Development Corporation of production, by their attendance at the session, according to the laws"for the following"will only pay for their attendance to sessions or commissions or committees of the Board " , the equivalent of 6 monthly tax units, with a monthly ceiling of 12 monthly tax units, either that is the number of sessions to attend in the respective month. This remuneration will have the character of fee for all legal purposes. "Les correspodera perceived, also monthly, equivalent to 7 monthly tax units by concept of special assignment".
(b) replace the final paragraph by the following: "both earnings and the allocation indicated in the foregoing paragraph shall be compatible with the remuneration of any other charges on service or the administration of the State body, except that would be more than two directories of similar characteristic." This limitation will not governed in those cases in which participation in the respective directory, expressly emanate from the law".