Approval by the Senate of a bill that amends Law No. 21,420, the Mining Code and other regulatory bodies.

December 29, 2023

On December 19, 2023, the Senate approved the bill contained in “Bulletin No. 15,510-08”, which amends provisions of the Mining Code; Law No. 21,420, which “Reduces or Eliminates Tax Exemptions”; the Organic Constitutional Law on Mining Concessions; and Decree Law No. 3,525, of 1980, which “Creates the National Geology and Mining Service”.

Barros & Errázuriz’s Mining team prepared a report on the main amendments introduced by the Bill to the aforementioned regulatory bodies.

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