INCENTIVE PAYMENTS

The incentives provided under Article 5(a)(1), Articles 5(a)(2) and 5(a)(4) of the Act that were not claimed through a discount to the applicable Passenger Fee shall be disbursed by the 5 Authority to Cruise Owner in a term not exceeding thirty (30) calendar days after the Authority receives an original invoice from Cruise Owner requesting the payment. Such invoice shall be certified and signed in original by an authorized official of the Cruise Owner. The Authority will confirm the information provided in the invoice with the vessel manifest. If the Authority has any objection regarding any item included in the invoice, this shall not be reason for the Authority to stop the payment of the undisputed items. The Authority will notify in writing to the Cruise Owner the results of the disputed items in a period of thirty (30) calendar days. The Executive Director of the Ports Authority or its designee shall evaluate all invoices submitted by Cruise Owners under this Article 5 and shall approve or deny the disbursement of the incentives in accordance with the terms of the Act and this Regulation. The approval will apply exclusively to the incentives claimed in the specific invoice. All disbursements of incentives shall be subject to availability of funds. With respect to the Las Americas Port, the Mayagüez Maritime Port, and any other port in Puerto Rico not managed by the Ports Authority, incentives will be disbursed by the Authority upon receipt of the Cruise Owner's vessel manifest certified by a representative of the port. The Authority shall reserve the right to request additional documentation deemed necessary in order to satisfy the incentive.