LAW NO. 20,464 INTEGRATION OF BICAMERAL ORGANISMS CREATED IN LAW 18,918 CONSTITUTIONAL ORGANIC OF THE NATIONAL CONGRESS Having present that the H. National Congress has given its approval to the following bill, in Motion of the Honorables Senators Mrs. ximena Rincon Gonzalez and Messrs Jose Garcia Ruminot, Hernan Larrain Fernandez, Jorge Pizarro Soto, and Jaime Quintana Leal. Bill: "Article 1 °.-Enter the following amendments in Law No. 18.918, Constitutional Organic of the National Congress: 1) Add, in the sixth paragraph of Article 66, the following sentence:" To the agreements, resolutions and (2) The Audit Committee shall be composed of three members of the Board of Directors of the Audit Committee, which shall be composed of three professionals. One of them must have the title of lawyer and another must be the auditor's. They must at least give proof of 10 years of professional practice. The third will be an audit subject specialist. In this respect, those who have been held for more than five years in the Comptroller General's Office or registered, for the same period, will be preferred on the payroll of auditors of the Superintendency of Securities and Insurance. Each one will be selected by the Bicameral Commission, as indicated in the previous paragraph, of a three-person payroll, which will be proposed by the High Public Directorate Council in each case. This body will hold a public contest to select candidates for the charges. Such a procedure may include the participation of a company specializing in the selection of personnel. " Article 2.-Introduces the following amendments in the transitional articles of Law No 20.447: 1) Replace, in article 3 °, the word "sixty" for "one hundred and eighty" and the "2010" guitarianism, the two times it appears, by "2011": 2) Replace, in the second indent of Article 4 °, the "2009" and "2010" and "2010" and "2011", respectively. " And since I have had to approve and sanction it; therefore promulgate and take effect as Law of the Republic.-Santiago, September 29, 2010.-SEBASTIAN PINERA ECHENIQUE, President of the Republic.-Cristian Larroulet Vignau, Minister Secretary-General of the Presidency.-Felipe Larraín Bascunan, Minister of Finance. What I transcribe to you for your knowledge.-Saluda Atté. to Ud., Claudio Alvarado Andrade, Deputy Secretary General of the Presidency.