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ANNEX I Schedule of Brunei Darussalam Headnote ... - SICE

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<strong>Schedule</strong> <strong>of</strong> ChileSectorAll SectorsClassificationObligationsConcernedMeasuresNational Treatment (Article 12.4)Decreto Ley 1939, Diario Oficial, noviembre 10, 1977, Normassobre adquisición, administración y disposición de bienes delEstado, Título IDecreto con Fuerza de Ley 4 del Ministerio de RelacionesExteriores, Diario Oficial, noviembre 10, 1967DescriptionInvestmentChile may only dispose <strong>of</strong> the ownership or other related rightsover “State land” to Chilean natural or juridical persons, unlessthe applicable legal exceptions, such as in Decreto Ley 1939,apply. “State land” for these purposes refers to State-owned landup to a distance <strong>of</strong> 10 kilometres from the border and up to adistance <strong>of</strong> 5 kilometres from the coastline.Corporeal immovable property situated in areas declared “theborderland zone” by virtue <strong>of</strong> Decreto con Fuerza de Ley 4,1967, <strong>of</strong> the Ministerio de Relaciones Exteriores may not beacquired, either as property or in any other title, by (1) naturalpersons with nationality in a neighbouring country; (2) juridicalpersons with their principal seat in a neighbouring country; (3)juridical persons with 40 percent or more <strong>of</strong> capital owned bynatural persons with nationality in a neighbouring country; or (4)juridical persons effectively controlled by such natural persons.Notwithstanding the foregoing, this limitation may not apply if anexemption is granted by a Decreto Supremo <strong>of</strong> the President <strong>of</strong> theRepublic based on considerations <strong>of</strong> national interest.III-CL-1

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