MEIIC AN FISHERY LEGISUTION 



VII. All the requirements and obligations that the Ministry of Agriculture 

 and Developnent may deem necessary to insure the conservation aind development of the 

 fishery wealth of the country. 



Article 13. Holders of fishing concessions may transfer their rights to any person 

 or Juridical entity recognized by the laws of the Republic; but they shall previously 

 obtain the necessary authorization from the Ministry of Agricvilture and Development, and 

 the conpany, individual or juridical entity to TThom the concession may be transferred 

 shall assume, without reservation or exception of any description, each and every one of 

 the obligations contained in the contract-concession, a clause to be inserted in the deed 

 of inco3T3oration of the juridical entity covering this obligation. 



Article L^. Failure to comply with the requirement set forth in the preceding article 

 shall be cause for declaring the contract-concession null and void. 



Article 15, The Ministry of Agriculture and Development, in the contract-concessions 

 that it may grant, shall authorize the free occupation of the national lands necessary for 

 the establishment of the concessionnaire, as well as the drilling of wells upon said lands 

 for the purpose of providing fresh water. Vlhen the occupation takes place within the 

 federal zone, the concessionnaire shall obtain authorization therefor from the Ministry of 

 ConmomicationB and Public Works, in accordance with the provisions of Article 9 of the Law 

 of Waters of National Ownership, 



Article 16, Ihe concessionnaire, not later than two months before the expiration of 

 the time granted him to commence his works, shall present the plans aaid specifications 

 thereof to the Ministry of Agriculture and Development or to the Ministry of Comzminicatlons 

 and Public Works in the case referred to in the last part of the preceding article, for 

 approval. 



Article 17. Those requesting fishing contract-concessions shall have sufficient 

 capital to ccsomence their operations, with the understanding that such capital shall not be 

 less than $10,000,00 (pesos) for contract-cc«cessions covering a period of five years, in- 

 creasing $5,000.00 for each additional year, but without the time in any case exceeding 

 fifteen years. 



For the purposes of the preceding paragraph, by capital shall be understood not only 

 the cash available but investments already made in vessels, buildings, works and fishing 

 paraphernalia* 



Article 18, Contract-concessions shall be issued in the following order of preference: 



I, TO those offering the most advantageous conditions for the purposes of the 

 Ministry of Agriculture and Development, according to Article 6 of the Fishir^ Law. 



II, In case of equality, preference shall be given: 



(a) Professional fishermen registered in the Fishing Office of the district 

 in -rtilch they seek to engage in their operations aind who are organized according 

 to law, 



(b) Professional flshennen registered in the Fishing Offices of other 

 districts, and 



(c) Other persons. 



Article 19, In all contract-concessions issued in favor of a Mexican individual or 

 juridical entity, the following clause shall be inserted: "The contracting party, company 

 or organization as the case may be, organized for the exploitation of the ccmtract, shall be 

 considered always as of Mexican nationality even when one or more members or stockholders 

 are foreigners, who shall be subject to the courts of the Republic exclusively in all 

 business the cause and action of wtiich take place within the national territory; the company 



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