3. INVESTORS GUIDE HN - 2021 National Investment Council

3. NATIONAL INVESTMENT COUNCIL

INVESTOR'S GUIDE HONDURAS 2020 - 2021

• The notice must be placed on posters on the property in questions with the dimensions and text provided by that the National Investment Council. The notice must clearly indicate the procedure completion initiated with the National Investment Council. e. The investor must submit documentary evidence of publications within thirty (30) business days, following the day of last publication to the CNI Executive Secretary. f. The procedure established in articles 11 to 13 of the LPPI and article 32 of legislative decree No. 284-2013, should be followed during the process when the term to formulate opposition to the application by the local or foreign investor arises. g. Once the previous mentioned procedure has been resolved, in the absence of any opposition, or, where such opposition has arisen and rejected by the competent authorities, the National Investment Council will issue the Certificate of Compliance registry (within thirty (30) calendar days counted from the day following the last publication of the notice referred to in Article 9). h. Once the certification has been obtained, the investor must register it in the Property Institute Registry Office, and the corresponding entries must be made at the bottom of the original Deed. The registrator of property cannot refuse to register such certification.

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