LAW NO. 20,731 POSTPONES THE REAVALUO OF THE REAL ESTATE OF THE AGRICULTURAL SERIES AND EXTENDS FOR EIGHTEEN MONTHS THE VALIDITY OF THE SAME GOODS IN FORCE AS OF JUNE 30, 2014 Having regard to the fact that the H. National Congress has given its approval to the following Bill: " Article 1.-Extend, until 31 December 2015, subject to the rules of Law No 17.235, on Territorial Tax, the validity of the guarantees of the real estate of the agricultural series that govern on 30 June 2014; and fix, as from 1 January 2016, the validity of the new endorsements to be determined in accordance with the the general rules, which, without prejudice to the powers of the Internal Revenue Service to determine modifications under the second paragraph of Title V of Law No 17.235 on Territorial Tax, shall remain in force until 31 December. December 2019. Accordingly, the four-year period laid down in the first paragraph of Article 3 of that law shall begin to be counted, in respect of the real estate of the agricultural series, to be counted on 1 January 2020. Article 2.-For the real estate of the agricultural series, which, by application of the provisions of the fourth indent of Article 3 of Law No 17.235, have not reached the quota of the territorial tax which according to their value corresponds to them, to the second The procedure for the gradual increase of the tax laid down in that article shall not apply during the period of the extension of the validity of the guarantees contained in Article 1 of this Law. " And because I have had to approve and sanction it; therefore, promulgate and take effect as the Law of the Republic. Santiago, January 24, 2014.-SEBASTIAN PINERA ECHENIQUE, President of the Republic.-Julio Dittborn Cordua, Minister of Finance (S). What I transcribe to you for your knowledge.-Salute atte. to you, Ramón Delpiano Ruiz-Tagle, Deputy Secretary of Finance.