MEXICAN FISHEhY LEGISLATION 



Article 50, The exploitation of general ways of camnunication, based on a concession 

 or permit, shall be carried out in conformity with the schedules, rates and rules previously 

 authorized by the Uinistry of Communications, 



Article 53. Vae ccmcessionnaires and penaissionnaires of general ways of communication 

 and means of transport are obliged to combine their ways, lines or installations with other 

 companies and with the Federal Government, as well as to combine their services with those of 

 other companies and the Federal Government when public interest so demands, whenever in the 

 opinion of the Ministry of Communications, there exist the technical i-equirements necessary 

 to an efficient service. Ihe Ministry of Communications shall in each case fix the bases 

 upcn which the ways, lines or installations are to be combined and the joint service effected, 

 after hearing the interested parties. 



CHAPTER VII 



Personnel and property of companies 

 subject to concessions 



Article 87, The associations exploiting general ways of communication, whose boards of 

 directors or advisors have foreign residence, are obliged to maintsdn in the Republic at, the 

 place of residence or at that which the concession designates, a local board of directors or 

 advisors, in accordance with the articles of incorporation for organizations, and who shall 

 form part of their board of directors or advisors. 



Article 88. The articles of incorporation and by-laws of the organizations referred to 

 in the pievio\is article, shall determine the powers of the local board. Under any circumstances 

 the board of directors or advisors having foreign residence, and the executive committee, in 

 their respective instances, shall be obliged to send to the local board, a complete certified 

 copy of the minutes of their meetings and the decisions that are made, as well as the minutes 

 of the stockholders meetings. The board of directors or advisors and the executive committee 

 shall also be obliged to inform the local board of all financial operations effected. 



CHAPTER II 

 Rights of the Nation 



Article 110, Ihe Federal Government shall have the right to share in the income received 

 by companies of general ways of communication and means of trainsportation for the exploitation 

 of the services covered by their concessions. Such share shall be fixed in the concessions or 

 permits. 



Article 114. The Nation reserves "the right at any time to declare specific areas temporari- 

 ly or pe imanently closed to maritime, fluvial or aerial navigation. 



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