The foregoing, provided that the river conditions allow it, according to the criteria of the Dirección de Geología y Minas (DGM) and that the concessionaire has fulfilled its obligations during the effective period of the concession. To request the renewal, the concessionaire must keep the environmental viability (viabilidad ambiental) current. The procedure and requirements shall be established in the regulations of this law. The term shall be computed from the registration of the title in the Registro Nacional Minero.
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SINGLE TRANSITIONAL PROVISION- All those public-domain riverbed concessions, granted prior to the approval of this law and that are in effect, may process the respective renewal, provided they conform to the current regulations and have environmental viability (viabilidad ambiental) for the new concession period.
It takes effect upon its publication.
Given at the Presidency of the Republic, San José, on the nineteenth day of the month of December of the year two thousand eighteen.
Let it be executed and published.