P.R. Laws tit. 21, § 5153
2019-02-20 00:00:00+00
The exemption established by §§ 5152–5159 of this title shall be in effect until the exempt building is finished, or is in a condition to be used for the purposes for which it was constructed, or starts to be partially or totally occupied; but in no case shall the exemption be in effect for more than three (3) years from the date the construction of the building was begun. The effectiveness of this exemption with regards to machinery, material and equipment shall be governed by the provisions of § 5152 of this title.
History —Aug. 30, 1991, No. 83, § 5.03.