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/ #53 Pasauline Pasto Sajunga

2013-10-29 10:51

Article RC 196
Modifications of the inward land rates
1 Designated operators wishing to claim an inflation-linked increase in their base rate shall notify to the International Bureau their claim in writing (by registered mail, fax or e-mail), by 31 August in the year prior to that date. The claim shall indicate the official source and name of the organization responsible for the country's official overall consumer price index, and the period taken into consideration, and shall be accompanied by documentary evidence.
1.1 In no case shall the inflation-linked increase be above 5% for each year over which the inflation rate is calculated.
1.2 Increases in the base inward land rates due to inflation-linked adjustment may only come into force on 1 January. If the deadline under 1 has not been observed, the adjustment shall not come into force until 1 January of the following year.