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312 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Twenty-two - Public Works (§§ 1 — 1104)/
  5. Chapter 15 - Isabela Irrigation System § 301 - Location; Appropriation/
  6. 312
Puerto Rico Legal Code

312

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Should a potential water power be developed in connection with the construction of the irrigation system, the Commissioner of the Interior is hereby authorized to arrange for the utilization and exploitation thereof as an integral part of the said irrigation system by administration; Provided, however, That the rates for the sale of such power shall be approved by the Public Service Commission of Puerto Rico.All profits accruing from said power shall be covered into the Isabela Irrigation Fund and applied subject to the provisions hereinbefore provided (§§ 24 and 29), to the decrease of annual assessments until all indebtedness incurred on behalf of the irrigation system has been fully paid; but the right and title of ownership to such water power shall remain in the Insular Government, and the income from said work, after all indebtedness has been paid, shall be covered into the Insular Treasury as Insular revenues, until otherwise provided by the Legislative Assembly. History —June 19, 1919, No. 63, p. 348, § 37, eff. 90 days after June 19, 1919.