Ley 25.429

a) Falsehoods in the information submitted in the affidavit.b) Delay or reticence in delivering information, the affidavit, or the requiredvouchers.***Comment. This Article is aimed at clarifyng infringements with precision so that a precise penalty beaplied if necessary.ARTICLE 29: Nonfulfillment of the provisions hereof, notwithstanding thosewhich might apply according to the provisions os Law 11.683, tex ordered in 1978and its amendments, No.22.315 and 23.771, shall entail the following sanctions:a) Total or partial expiry of the treatment awarded, due to falsehoods in theinformation submittled inm the affidavit.b) Varyng penalties, according to gravity and reiteration, up to a maxium of15% (fifteen percent) of the sums declared, in cases of delay or retince indelivering the information.The Authority of Application shall determine the procedures of the sanctionsestablished in this article.***Comment. The spirit of the Law to offer quite a simple way towards an easy implementig andobservance of the Law, but certainly strict regarding the fulfillment of its provisions.ARTICLE 30: The provisions os Law 22.095 and its regulations are annulled asfrom the promulgation hereof.The beneficiaries of Law 22.095 with the exception of Article 9 os Chapter IIIshall continue to be included in the regime of said law, notwthstanding theapplication of the provisions which may aplly as per Article 25 of decree No.2054/92.The Authority of Application for the projects referred to in the above paragraphshall be established in this Law.***Comment. This Article is aimed at limiting “grey, or twilight” zones within the legal field so that alegally apt technical layout could be applied it needs.ARTICLE 31: To be communicated to the Nacional Executive Branch.THE HONORABLE SENATEAND THE CHAMBEROF DEPUTIES OF THE REPUBLIC OF ARGENTINA, IN CONGRESS, ETC.PASS THE FOLLOWING LAW:MINING INVESTMENTSCHAPTER ISCOPE OF APPLICATIONARTICLE 1: An Investments Regime is hereby instituted for Mining Activities,whose scope and limitations will be set forth in this law, as well as the regulationsissued in consequence thereof by the National Executive Branch.***Comment. The frame of reference for this new investment regime is limited to the industry and isactivities to be carried out in any Province pertaining to the Argentine territory. It is understood that24