RULE 4.5.10: FISCAL DEPOSIT AUCTION

For the purposes of articles 119 (LA: Art. 119), 119-A (LA: Art. 119A) of the Law and 177 (RLA: Art. 177) of its Regulations, as well as in accordance with articles 10, 21 and 22 of the General Law of Organizations and Auxiliary Activities of Credit (Ley General de Organizaciones y Actividades Auxiliares del Crédito), 244 and 285 of the General Law of Securities and Credit Operations (Ley General de Títulos y Operaciones de Crédito), the general warehouses of deposit authorized to receive merchandise in the fiscal deposit, that carry out the auction of the merchandise of foreign origin in a public auction, for having expired the 24 month period for the deposit provided for in article 119-A, second paragraph (LA: Art. 119A) of the Law or of that agreed with the interested party if it were minor, without said merchandise having been removed from the warehouse, they will apply the product of sale to the payment of the updated contributions and, where appropriate, of the compensatory fees, declared in the customs declaration (pedimento) for fiscal deposit, this payment will be made by submitting the customs declaration (pedimento) for extraction to allocate the merchandise to the definitive import regime.

The price paid for the merchandise may never be less than the amount of the contributions and, where appropriate, of the compensatory fees, which must be covered due to the extraction, except when the purchaser assigns them for the cases indicated in article 120, sections III and IV (LA: Art. 120) of the Law, in which case the product of sale will be applied as in accordance with the provisions of article 244, sections II, III and last paragraph, of the General Law of Securities and Credit Operations (Ley General de Títulos y Operaciones de Crédito).

Whoever has destined the merchandise in question to the fiscal deposit regime, may not participate in the auction either by himself or through a third party.

Law 119 (LA: Art. 119), 119-A (LA: Art. 119A), 120-III, IV (LA: Art. 120), General Law of Organizations and Auxiliary Activities of Credit (Ley General de Organizaciones y Actividades Auxiliares del Crédito) 10, 21, 22, General Law of Securities and Credit Operations (Ley General de Títulos y Operaciones de Crédito) 244-ll, lll, 285, Regulation 177 (RLA: Art. 177)