On May 27, 2011, a new regulation was published in the Official Journal of the Federation that aims to establish the procedure to determine and pay the fee known as the "guaranty of no expiration fee" (cuota de garantía de no caducidad) referred to in the National Water Law (Ley de Aguas Nacionales). The payment of the guaranty of no expiration fee allows licensees or assignees of national water rights to avoid the termination of the license because of expiration. This permits licensees to maintain their rights to use the volume of water licensed or assigned, or, when applicable, to fully carry out a permanent transfer of water rights to third parties. The new regulation contains the formula used to calculate the guaranty of no expiration fee that the licensee or assignee of national water rights may choose to pay in order to avoid total or partial expiration of a license or assignment when such party ceases to operate, use or appropriate all or part of the volume of water licensed or assigned for a period of two consecutive years. Such fees may be paid each time any one of the mentioned events occurs. The period of two years shall be calculated from the time the operation, use or appropriation of the national water rights that were licensed or assigned ceases. Those who maintain licenses of national water rights should understand the details of such rights and the importance of taking measures to prevent their expiration.
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