Extraction tax for extracting water in water-bearing areas Sample Clauses

Extraction tax for extracting water in water-bearing areas. Through dispensation of the provisions of Decree no. 89-961 of 30 August 1989 relative to the extraction tax for extracting water in water-bearing areas, enacted in implementation of Article 15 appearing in Chapter V of the fiscal annexure of Act 87-1476 of 18 December 1987 relative to the Finance Act for Management of 1988, the Mining Company is exempt from the extraction tax within the framework of drainage operations in the mine quarry during the entire period of this Agreement.
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