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

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SectorTransportationShippingClassification CPC 721 Transport services by sea-going vesselsCPC 722 Transport services by non-sea-going vesselsObligations Concerned National Treatment (Article 12.4)Most-Favoured-Nation Treatment (Article 12.5)Local Presence (Article 12.7)MeasuresDecreto Ley 3.059, Diario Oficial, diciembre 22, 1979, Leyde Fomento a la Marina Mercante, Títulos I y IIDecreto Supremo 24, Diario Oficial, marzo 10, 1986,Reglamento del Decreto Ley 3.059, Títulos I y IIDecreto Ley 2.222, Diario Oficial, mayo 31, 1978, Ley deNavegación, Títulos I, II, III, IV, y VDecreto Supremo 153, Diario Oficial, marzo 11, 1966,Aprueba el Reglamento General de Matrícula del Personalde Gente de Mar, Fluvial y LacustreCódigo de Comercio, Libro III, Títulos I, IV, y VLey 19.420, Diario Oficial, octubre 23, 1995, Estableceincentivos para el desarrollo económico de las provincias deArica y Parinacota y modifica cuerpos legales que indica,Título Disposiciones variasDescriptionInvestment and Cross-Border ServicesOnly a Chilean natural or juridical person may register avessel in Chile. A juridical person must be constituted withprincipal domicile and real and effective seat in Chile. Itspresident, manager, and majority <strong>of</strong> the directors oradministrators must be Chilean natural persons. Inaddition, more than 50 percent <strong>of</strong> its capital must be held byChilean natural or juridical persons. For these purposes, ajuridical person with ownership participation in anotherjuridical person that owns a vessel has to comply with allthe aforementioned requisites.A joint ownership (comunidad) may register a vessel if (1)III-CL-26

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