Law No. 14,343 was published on Monday January 23, 2012 in the
Official Bulletin of the Province of Buenos Aires. Such law is
intended to regulate the identification of environmental
liabilities and the obligation to restore contaminated sites. This
law shall become effective on January 31, 2012 (hereinafter, the
"Law"). Below follows a summary of the most significant
aspects of the Law.
1. Obligation to Restore. the obligation to restore
environmental liabilities and/or contaminated sites rests on the
parties who conduct an activity that causes damage and/or on the
owners of real property, if the person engaged in the contaminating
activity may not be found. It also stipulates that any impaired
environment constituting a contaminated site shall have to be
restored in order to meet minimum environmental and public health
conditions.
