List Of Water Rights Subject To Payment Of Fee Due To Non-Use - Energy and Natural Resources - Mondaq Chile - Mondaq Business Briefing - Books and Journals - VLEX 592545738

List Of Water Rights Subject To Payment Of Fee Due To Non-Use

Author:Mr Alberto Cardemil and Tomás De La Maza

DGA Resolution No 4420, containing the annual list of water rights subject to payment of a fee for non-use, was published in the Official Gazette on January 15th.

The list of water rights affected by the payment of fee for non-use is available for download here.

The Water Code establishes the payment of a fee, by the owner of the water right that is not being exercised, totally or partially. The Water Bureau (DGA) issues a yearly resolution every January 15th, with the list of the water rights subject to the fee and the corresponding amount to be paid.

The fee amount is determined through a mathematical formula in which the following factors are relevant:

Geographical location; Flow; Consumptive or non-consumptive exercise; Altitude difference (in the case of non-consumptive water rights) Permanently or eventually exercisable; and Years that the water right has not been used. Payment of the tax is due during the month of March, in any bank or authorized institution. Outstanding fees are sought through...

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