El régimen jurídico y ambiental de los residuos sólidos en Argentina

Share Embed


Descripción

>G7B 201&2.1&0*)&-+,&, @ +))2% 86FC@>B6 ACBH:G 8CFHtG #8CAD'$ @ +))2% IB>J:FG>969 :LH:FB69C 9: 8C@CA7>6 8S^^W*+ `' *&*0:efW%7aYafw HW^xXa`a#.0&*$,-+ )+11 bgT^[USU[a`WeqIWjfWd`SVa'WVg'Ua iii'gWjfWd`SVa'WVg'Ua Dd[_WdSWV[U[{`3\g`[a VW+))2 9[eWza VWUgT[WdfS3 9WbSdfS_W`fa VWDgT^[USU[a`We 8a_bae[U[{`3 9Sh[V 6^TS >_bdWe[{` k W`UgSVWd`SU[{`3LbdWee:efgV[a J' @Wk +-').* VWFWe[VgaeDW^[Ydaeae' 6' 8a`UWbfae Twe[Uae' 7' :fSbSe VW^SVW^SYWef[{`VWdWe[VgaebW^[Ydaeae'*' @S YW`WdSU[{`' +' :^ fdS`ebadfW',' :^ fdSfS_[W`fa k V[ebae[U[{` X[`S^'8' :^ _S`[X[Wefa'9' :^ dWY[efda k W^UWdf[X[USVa S_T[W`& fS^bad dWe[VgaebW^[Ydaeae':' 8a_bWfW`U[Sk UaadV[`SU[{` [`fWd\gd[eV[UU[a`S^' ;' FWeba`eST[^[VSVWe U[h[^We% bW`S^We k $'

$(

SV_[`[efdSf[hSe'' @Wk +.')*1 VW FWe[VgaeFSV[SUf[hae'6' 8a`UWbfaeTwe[Uae'*# @SYWef[{` VWdWe[VgaedSV[aSUf[hae'8' 8a_bWfW`U[Sk UaadV[`SU[{` [`fWd\gd[eV[UU[a`S^' 9' ;[`S`U[SU[{` VW^S YWef[{`VW^ae dWe[VgaedSV[aSUf[hae'J>>' 6baef[^^SX[`S^ F:GIA:B

@SFWb|T^[US6dYW`f[`SbdWeW`fS W`_SfWd[SS_T[W`fS^g` VaT^W `[hW^`ad_Sf[ha% Ua` `ad_Se `SU[a`S^We &bdWegbgWe& fae _y`[_ae% VWdWUZa XWVWdS^ k Ua_|`& Sb^[UST^We SfaVa W^ fWdd[ fad[a`SU[a`S^% k `ad_Se cgW^SeUa_b^W_W`fS`W`USVS g`S VW^Sebdah[`U[Se' :^ bdWeW`fW fdSTS\aS`S^[lS%VW`fda VW^S^WY[e^SU[{` `SU[a`S^Sb^[UST^W Za_aYx`WS_W`fWW`W^ bSye% ^ae e[efW_Sebdab[ae VW^Se^WkWe +.'2*/ &VW dWe[Vgae Va_[U[^[Sd[ae&% +.'/*+&VWdWe[Vgae [`Vgefd[S^We&% +-').*&VW dWe[Vgae bW^[Ydaeae&% +.'/0) &VW D87G&k +.')*1 &VW dWe[Vgae dSV[aSUf[hae&% aTeWdhS`Vaege bd[`U[bS^We USdSUfWdyef[USe k ^SUaadV[`SU[{`a fW`e[{``ad_Sf[hS cgWSbSdf[dVWW^^Se ek bdaVgUW W`^aeV[ef[`faeSebWUfae cgWUa`Xad_S` W^ dxY[_W` [`fWYdS^ VW^ae dWe[Vgae e{^[VaeW`6dYW`f[`S'

>BHFC9I88>vB

:^ bdWeW`fW fdSTS\abdaUgdSS`S^[lSd^aebd[`U[bS^We SebWUfae VW^ dxY[_W`VWdWe[Vgae e{^[VaeW`6dYW`f[`S' DSdSfS^WXWUfa% eWbdWeW`fSdw g`S Ua`e[VWdSU[{` YW`xd[US eaTdWW^dWbSdfaVWUa_bWfW`U[Se `ad_Sf[hSe cgWd[YW W` ^SFWb|T^[US6dYW`f[`SW`_SfWd[SS_T[W`fS^% bSdS^gWYa STadVSdW^W`UgSVdW ^WYS^ WebWUyX[Ua VWUSVSg`S VW^Se WebWU[We VWdWe[Vgae e{^[Vae' G[` W_TSdYa% VWTW_ae SVhWdf[d [`[U[S^_W`fW Vae UgWe& f[a`WebdW^[_[`SdWe' Dadg`S bSdfW% ^[_[fSdW_ae`gWefdaS`w^[e[eS^dxY[_W` Ua_|` bSdS^SYW`WdS^[VSV VW^ fWdd[fad[a `SU[a`S^':^^a `ae ^^WhS Sa_[f[d ^Se`ad_Se Ua_b^W_W`fSd[Se VW USVS bdah[`U[S% ^[_[fw`Va`ae S^WecgW_S`ad_Sf[ha `SU[a`S^Twe[UacgWeW ZS VWeSdda^^SVa W`W^_SdUa VW^SeUa_bWfW`U[Se `SU[a`S& ^WecgWdWXWd[dW_ae' :` WefW W`XacgW VWeSdda^^SdW_ae ^ae dWYy_W`We `ad_Sf[hae WebWUyX[Uae VW^ae dWe[Vgaee{^[Vae gdTS`ae #@Wk +.'2*/$ k afdae dWe[Vgae e{^[VaecgWbgWVW` bdWeW`fSdeW Ua_a ^ae [`Vgefd[S^We #@Wk +-'/*+f bW^[Ydaeae #@Wk +-').*$%D87G#@Wk +.'/0)$ k dSV[aSUf[hae#@Wk +.')*1$' DadafdSbSdfW% We`gWefdaUa`UWbfa cgWW^VWdWUZa W`eg g`[VSV\gdyV[US WeSb^[UST^W S^SeV[ef[`fSee[fgSU[a`We cgW[`& fWYdS` ^SdWS^[VSV% [`VWbW`V[W`fW_W`fW VW^ XdSUU[a`S_[W`fa _WfaVa^{Y[Ua cgWbgWVS`[_b^[USdege [`efdg_W`fSU[a`We ^WY[e^Sf[hSe eWUfad[S^We a W^ Ua`e[Yg[W`fW S`w^[e[eVaY_wf[Ua VW fS^We `ad_Se' 9[UZaVW afdS_S`WdS% k fdSkW`VaWefW Ua`& WbfaS^fW_ScgW`ae aUgbS% bgWVW` bdWeW`fSdeW dWe[Vgae $)

%

%!

cgWVWTS`Ug_b^[d Ua` _we VWg` dxY[_W`%bad Ua[`U[V[d ege UgS^[VSVWe Ua` ^SebdWh[e[a`WeVW^aT\WfadWYg^SVa W` _we VWg`S `ad_S' 6ey%`a VWTW WjfdSzS_ae cgW^S_[e_S @Wk +.'2*/ bdWhWS eg Sb^[USU[{`S ^ae dWe[Vgae[`Vgefd[S^WecgWeWS`S^US`lS& Vae bad W^Ua`UWbfaVWdWe[VgaeVa_[U[^[Sd[ae% bgV[W`Va dWeg^fSdfS_T[x` Sb^[UST^W S ^ae dWe[VgaedSV[aSUf[haea Ua` D87GHGDO= ;BHA>FODJ!cgW eWbdaVglUS` W` w_T[fae gdTS`ae' >YgS^_W`fW% SfW`V[W`Va^SWjU^ge[{`VW eg bdab[a dxY[_W` cgW^S@Wk+.'2*/ dWS^[lSS`fWdWe[Vgae cgWeWW`UgW`fdW` dWYg^SVae bad `ad_Se WebWUyX[USe% bgWVW b^S`fWSdeW W`W^USeaUa`UdWfag` Ua`X^[Ufa`ad_Sf[ha Ua` dWe[VgaecgWbgWVS` eWdUS^[X[USVae S ^ShWl Ua_a Va_[& U[^[Sd[aek Ua_a [`Vgefd[S^We% bW^[Ydaeaea bSfaYx`[Uae &W` UgS`fa Wefae|^f[_ae WjU^gkW`S ^ae Va_[U[^[Sd[aeVWege dWYy_W`We WebWUyX[Uae&% Ua` ^a cgW ^S Sgfad[VSV VWTWdw abfSd bad SV[U[a`Sda bad VWeWUZSd Wj[YW`U[Se `ad_Sf[hSe% k W`WefW |^f[_a USeaVWfWd_[`SdUgw^We' Dad afdS bSdfW% `a VWTW bWdVWdeW VWh[efS cgWfS_T[x` ^S @Wk+.'/*+ bgWVS dWYg^Sd W` U[WdfSe aUSe[a`We^ae _[e_ae dWe[VgaecgW ^S @Wk+-').** a +.'/0)% cgW WjbdWeS_W`fW Ua`fW_b^S` eg Sb^[USU[{`e[_g^fw`WS' :e cgWSg`cgW W^dxY[_W`VW^ae dWe[VgaeeWUSdSUfWd[Uo bad g`S XdSY_W`fSU[{`cgW[_ba`W ^SZWfWdaYW`W[VSV VW ege V[ef[`fae f[bae k fxU`[USeVWYWef[{`"% WU ^ a`\g`fa VW`ad& _Se eaTdWdWe[VgaeVWTW Sb^[USdeW VWg`S _S`WdS [`fWYdS^ k UaadV[`SVS'MW`WeSUaadV[`SU[{`W^Ua`X^[Ufa eWYW`WdSdw e{^a UgS`Va &VWT[W`Va Sb^[USdeW S g` _[e_a aT\Wfa&^ae dWYy_W`We WebWUyX[Uae bdWeW`fW` Ua`fdSV[UU[a`We [`eS^hST^We

*

+

A6FH6 G'?I@>6' @S `gWhS ^Wk+./*+ VWMBJK: 3LIBJHIL=>FFKBF:" +)),&_% b' *+.2' F:Bt ?6J>:F G6BH6A6Fy6 6F>B6G' ,=EBFBJKI:I>JB=LGJ" 7SdUW^a`S%8WVWUe% +)))% b' ,.'

_WV[S`fW[`fWdbdWfSU[{`% k Va`VW&Ua_a aTeWdhSJ 6@@G,&^ae aT^[YSVaefdSfSdw`VWW`UgSVdSdeW W`W^dxY[_W` cgW_we ^WeUa`hW`YS% ^a cgWdWcgWd[dw VWSgfad[VSVWe k \gWUWe g` bda^[\a W\WdU[U[a ^{Y[UabSdS [VW`f[X[USd ^S`ad_S Sb^[UST^W% W`USVSUSea% S g` dWe[VgaVWfWd_[`SVa' ;[`S^_W`fW%VWTW_aeSU^SdSd cgWfaVa WefW WebWUfda `ad& _Sf[ha% Sg`cgW ^a dWUadVS_aeW` SfW`U[{`S ^ae dWe[Vgae e{^[Vae%fS_T[x` WeSb^[UST^W W` U[WdfaeUSeae S dWe[Vgae ^ycg[Vaea YSeWaeaecgWdWeg^fW` S^US`lST^We bad ^SVWX[`[& U[{` ^WYS^ cgWUSVSdxY[_W`[_ba`W' *' :GEI:A6 9: 8CAD:H:B8>6G 6A7>:BH6@:G :B :@;:9:F6@>GAC 6FBC

@S8a`ef[fgU[{` VW^SBSU[{` 6dYW`f[`S WefST^WUW g` dxY[& _W` XWVWdS^ VWYaT[Wd`aW`W^_SdUa VW^ UgS^UaWj[efW` g` :efSVa `SU[a`S^ Ua` +, WefSVaebdah[`U[S^Wek g`S U[gVSV Sgf{`a_S% bSdSW^Xg`U[a`S_[W`fa VW^ UgS^eW[`ef[fgkWg` Ua_b^W\ae[efW_SVWV[efd[TgU[{`VWUa_bWfW`U[Se' :` baUSebS^STdSe% W`fdW ^ae baVWdWe VW^WYSVae S ^SBS& U[{` eWW`UgW`fdS^S eS`U[{` VW^L VWdWUZa Ua_|` &U[h[^% bW`S^% Ua_WdU[S^% ^STadS^k _[`Wda&#Sdf'0.%[`U' *+ 8B$%VW^ LVWdWUZa XWVWdS^ &eaTdW SVgS`Se%Ua_WdU[ak `ShWYSU[{` [`fWd\gd[eV[UU[a`S^ `ShWYSU[{`&#Sdf% 0. [`U' *%*)%*, 8B$ k VW^ LVWdWUZa ^aUS^bSdS\gd[eV[UU[a`We fWdd[fad[S^We XWVWdS^W #Sdf'0. [`U' ,) 8B$' @aeWefSVae bdah[`U[S^We Ua`eWdhS`faVae ^aebaVWdWe `a VW^WYSVae WjbdWeS_W`fW S^YaT[Wd`aXWVWdS #Sdf'*+*%8B$' DWda% S eg hWl% eWdWUa`aUW S ^Sebdah[`U[Se W^ Va_[`[a ad[Y[`Sd[aVW^ae dWUgdeae `SfgdS^We#Sdf'*+-%8B$% k W` Ua`eWUgW`U[S ^SUa_bWfW`U[SbSdS ^SdWY^S_W`fSU[{` VWeg gea k V[ebae[U[{` k bSdS eg SV_[`[efdSU[{`'

,

A6F^C ;' J6@@G'@S ^Wk+./*+ VWFWe[Vgae [`Vgefd[S^We3afdS ^WkVWdWe[Vgae % W` 6>MBJK: 9LIBJHIL=>FFKBF:"+))+&_% b' **/0'

%"

%#

:` _SfWd[SS_T[W`fS^% S`fWeVW*22- ^Se`ad_Se VWbdW& eWdhSU[{` dWeg^fSTS` Sfd[Tgfabdah[`U[S^k ^SB SU[{`USdWUyS VWUa_bWfW`U[Se WebWUyX[USe% Sg`cgW eWZSTyS[`efSgdSVa g` e[efW_SVW`ad_Se `SU[a`S^WeVWVWdWUZa ^aUS^S^cgW ^Se bdah[`U[Se SVZWdyS`ha^g`fSd[S_W`fW_WV[S`fWg`S `ad_S bdah[`U[S^% Ua` ^a cgWW^ fWjfaVW ^S^WkVW^ 8a`YdWea B SU[a`S^eWfdS`eXad_STSW`g`S ^WkVW VWdWUZa b|T^[UaVW ^Sbdah[`U[ScgWSVZWdyS' @SdWXad_SUa`ef[fgU[a`S^VW*22- WefST^WU[{ cgW 8a& ddWeba`VW S ^SB SU[{`V[UfSd ^Se`ad_Se cgWUa`fW`YS`^ae bdWegbgWefae _y`[_ae VW bdafWUU[{`% k S^Sebdah[`U[Se% ^Se `WUWeSd[Se bSdSUa_b^W_W`fSd^Se% e[` cgWScgW^^Se S^fWdW` ^Se\gd[eV[UU[a`We ^aUS^We#Sdf'-*%8B$' 9[UZae bdWegbgWe& fae _y`[_ae dWeg^fS`g`S egWdfW VW^WY[e^SU[{` egefS`f[hS Ua_|` S faVae ^ae SdYW`f[`ae"% Sg`cgW `a ea` dWS^_W`fW VWdWUZa VWXa`Va%kS cgWW^8a`YdWea`a UgW`fSUa` ^S S_b^[S XSUg^fSV bSdS^WY[e^Sd W`^S_SfWd[SUa` cgWUgW`fS W`^aeVW_weUSeaeVWVWdWUZae egefS`f[hae cgWeWVW^WYS` W`W^SdfyUg^a 0. 8B4 e{^a bgWVW dWYg^Sd ^a _y`[_a k Wj& U^ge[hS_W`fW bgWVW ZSUWd^S W`_SfWd[SVWbdafWUU[{` VW^ egefdSfaWUa^{YyUa""% e[` cgWWefSdWYg^SU[{` bgWVSS^fWdSd ^S Sb^[USU[{` `ad_Sf[hS cgWUaddWeba`VW S^S\gd[eV[UU[{` ^aUS^' GaTdW ^STSeWVWWeaebdWegbgWefae _y`[_ae X[\SVaebad o% BSU[{`%USVSbdah[`U[SV[UfSeg dxY[_W`bdab[a%bgV[W`Va [`UdW_W`fSd% _Se `a V[e_[`g[d%^ae `[hW^We VWbdafWUU[{` S_T[W`fS^WefST^WU[Vae bad ScgW^^ae bdWegbgWefae' :` WefW Ua`fWjfaUa_bWfW`U[S^% Ua_a hWdW_ae% ^Se`ad_Se `SU[a`S^WeW` S`w^[e[e[_badfSdw` g`S `SfgdS^WlS_[jfS% W`UgS`fa dWYg^S`SebWUfae VWVWdWUZa Ua_|` S^dWYg^Sd

.

FC7:FHC9FCA>k :9I6F9C A:B:A' 4: .GFJKBKL?GIE:=:$.GE>FK:=:" 7gW`ae 6[dWe% 8[gVSV 6dYW`f[`S%*22-%b' *--' =IA7:FHC EI>FCt' @S bdafWUU[{`VW^S_T[W`fWW` ^S dWXad_SVW^S 8a`ef[fgU[{` BSU[a`S^ %W`6>MBJK:/B:IB: 4: 4>KC" _Sdla% *22/#S$% b' *4u9' :^ WefSVaWUa^{Y[Ua VWVWdWUZa W`^S8a`ef[fgU[{` BSU[a`S^ %W`6>MBJK:/B:IB: 4: 4>O"STd[^% *22/#T$% b' *'

dWeba`eST[^[VSVWe U[h[^We k bW`S^We% VWVWdWUZa XWVWdS^ S^dWYg^Sd W^fdw`e[fa[`fWd\gd[eV[UU[a`S^ VWdWe[Vgae% k VW VWdWUZa ^aUS^#W`W^USeaVW^S@Wk +-').*$ S^cgWSVZ[WdW` S^Yg`ae WefSVaebdah[`U[S^We'DWdafS_T[x` WefST^WUW` `ad_Se VWbdWegbgWefae _y`[_ae VWbdafWUU[{`cgW^Se bdah[`U[SebgWVW` Ua_b^W_W`fSdUa` bdWh[e[a`We `ad_S& f[hSeVW_Skad Wj[YW`U[S' .5 15:-/8)3 ,- 8-91,;69 ,641+131)8169 &$1>F>I:5 15:-82;819,1++165)3

8a_a S^Ua_[W`la eWWjb^[U{% ^SUa_bWfW`U[S bSdS^SdWYg^S& U[{`k YWef[{`VW ^aedWe[Vgae Va_[U[^[Sd[aeW`6dYW`f[**X We VWUSdwUfWd bdah[`U[S^a ^aUS^% e[` bWd\g[U[a VWcgWS^Yg`ae SebWUfae VWW^^S bgWVS`hWdeW S^US`lSVaebad ^WkWe VW&bdW& egbgWefae_y`[_ae VWbdafWUU[{` S_T[W`fS^Ua_a ^STS\a Ua_W`fSd[a% cgW`a eW^[_[fS e{^a S^dWUa`aU[_[W`fa VW^S Ua_bWfW`U[S S`fWeeWzS^SVS #Sdf% .'r$%e[`a cgWWjbdWeS_W`fW W

1

@SGgbdW_S8adfWVW?gef[U[SVW^SDdah[`U[SVW7gW`ae 6[dWeZ[la ^gYSddWU[W`fW& _W`fWS g` S_bSda k Sb^[US`Va V[dWUfS_W`fW ^S `ad_Sf[hS VWdWe[Vgae Va_[U[^[Sd[aeW`UgWef[{`4afadY{ g` b^Sla VWfdWe_WeWe% VWeVW ^S`af[X[USU[{` VW^S eW`fW`U[S% bSdS cgW W^_g`[U[b[a [_b^W_W`fSdS O''' Qg`S ea^gU[{` VWX[`[f[hS S eg e[efW_SVWV[ebae[U[{`X[`S^VWdWe[VgaeUa` b^W`SSVWUgSU[{` S ^Se`ad_Se VWVWdWUZa S_T[W`fS^O''' Q % BFI> MS`W% GS^hSVadU'Ag`[U[bS^[VSV VW4>@BJD:FKBF:$-GD>KQF BF?GIE:KBMG" `' ,+% +))+% b' -0' 6@CC FC9FuMBJK:4: 4>O"7LHD>E>FKG => />I>FK:D"V[U[W_TdW% +))-% b' -'

W^STadSU[{` eWW_b^WW _SfWd[S^ hS^ad[lSVaa Ua` bafW`U[S^ bSdSeg hS^ad[lSU[{`4 Z' bda_ahWdW[`UW`f[hSd^SbSdf[U[bSU[{` VW^aeeWUfadWe bdaVgUf[haek VWUa_WdU[a VWT[W`We W`^SYWef[{`[`fWYdS^ VWdWe[Vgae4 [' [_bg^eSd k Ua`eW`egSd% W`W^w_T[fa VW^ 8aXW_S% g` bdaYdS_S`SU[a`S^VW_WfSeUgS`f[X[UST^We VW hS^ad[lSU[{` VWdWe[VgaeVWUg_b^[_[W`fa bdaYdWe[ha% cgWVWTWdw eWd dWh[eSVa k SUfgS^[lSVabWd[{V[US_W`fW #Sdf'+.$' 9' FxY[_W` eS`U[a`Sfad[a

@S^WkWefST^WUW g` dxY[_W`SV_[`[efdSf[ha eS`U[a`Sfad[a cgW[`U^gkW3 S' SbWdU[T[_[W`fa4 T' _g^fS4 U'egebW`e[{` VW ^SSUf[h[VSV4 k V' UWeW VWX[`[f[ha VW^SSUf[h[VSV k U^SgegdS VW^Se[`efS^SU[a`We #Sdf% +/$' GS`U[a`WecgW`SfgdS^_W`fW VWTW` eWd Sb^[USVSe bdWh[S [`efdgUU[{`eg_Sd[S cgWSeWYgdW W^ VWdWUZa VW VWXW`eS% k YdSVgSVSe Ua`Xad_W S^S`SfgdS^WlS VW^S[`XdSUU[{` k W^VSza aUSe[a`SVa#Sdf'+0$' :^ [`XdSUfad cgWVW`fdaVW^ fxd_[`a VW fdWe Szae S`fWd[adWe S^SXWUZS VW Ua_[e[{` VW ^S[`XdSUU[{` ZSkSe[VaeS`U[a`SVa bad afdS [`XdSUU[{` VW[Vx`f[USa e[_[^SdUSgeSeWdw Ua`e[& VWdSVa dW[`U[VW`fW #Sdf'+2$% USeaW`UgS^^ae _wj[_ae VW ^Se_g^fSe k egebW`e[a`We#[`U'Uk V% Sdf'+/$ baVdw`_g^& f[b^[USdeW bad g`S U[XdS [YgS^S ^SUS`f[VSVVWdW[`U[VW`U[Se Sg_W`fSVSW`g`S g`[VSV #Sdf'+1$'DSdSW^USeaW`cgWW^ [`XdSUfad XgWdW g`S bWdea`S\gdyV[US% ^ae cgWfW`YS`S eg USdYa^SV[dWUU[{`% SV_[`[efdSU[{`a YWdW`U[S eWdw` ea^[VS& d[S_W`fWdWeba`eST^We VW^SeeS`U[a`WeWefST^WU[VSe W`W^ bdWeW`fW USbyfg^a#Sdf',+$' 6g`cgW aTeWdhSVS bad W^baVWdW\WUgf[ha S ^SZadS VW eg bda_g^YSU[{` bad [`hSV[d ^S Ua_bWfW`U[S bdah[`U[S^ dWeWdhSVS bSdS ^SVWX[`[U[{` VW^ae [`ef[fgfae VWVWdWUZa SV_[`[efdSf[ha #9WUdWfa **.1 VW+))-$%^S^WkWefST^WUW ^S bdWeUd[bU[{` VW^SeSUU[a`We bSdS^S[_bae[U[{` VW^SeeS`& U[a`WeS ^aeU[`UaSzae Ua`fSVaeS bSdf[dVW^SXWUZS W`cgW

&"

eWZgT[WdW Ua_Wf[Va^S[`XdSUU[{`a cgW^SSgfad[VSVUa_& bWfW`fW ZgT[WdW fa_SVa Ua`aU[_[W`fa VWW^^S #Sdf% ,)$' @S^WkV[eba`W[YgS^_W`fWcgWW^bdaVgU[VaVW^Se_g^& fSe eWSbWdU[T[Va bad ^Se Sgfad[VSVWeUa_bWfW`fWe% bWda bSdS Ua`Xad_Sd g` Xa`Va VWef[`SVa% WjU^ge[hS_W`fW% S ^SbdafWUU[{`k dWefSgdSU[{`S_T[W`fS^W`USVSg`S VW^Se \gd[eV[UU[a`We #Sdf',*$%^a cgWbgWVW W`fW`VWdeW SYdSh[S`& fWVW^S Sgfa`a_yS bdah[`U[S^ k Ua`e[Yg[W`fWV[ebae[U[{` bdWegbgWefSd[S' @S^WkWefST^WU[{ g`S eWd[W VWb^Slae bSdS ^SSVWUgSU[{` VW^SeV[ef[`fSe\gd[eV[UU[a`We S^SeV[ebae[U[a`WeWefST^WU[VSe #Sdfe% ,, k ,-$%cgWS^[YgS^cgW^SbdaZ[T[U[{`VW[_badfSU[{` a [`YdWeaVWdWe[VgaeVWbSyeWe WjfdS`\Wdae #Sdf',0$*+% XgWda` e[` W_TSdYaaTeWdhSVae bad W^ baVWdW\WUgf[ha S^_a_W`fa VW eg bda_g^YSU[{`%Ua` ^a UgS^^S`ad_S dWeg^fS VWSb^[USU[{`

*+ :^ 9WUdWfa **.1(+))- #VW bda_g^YSU[{`$SdYg_W`fSW`ege Ua`e[VWdS`Vae3 EgW ^S[_badfSU[{` a [`fdaVgUU[{`VWdWe[Vgae Va_[U[^[Sd[aebdahW`[W`fWe VWafdae bSyeWe eWZS^^SSUfgS^_W`fW bdaZ[T[VSVW`fdaVW^ae fxd_[`ae VW^ 9WUdWfa `' *1* VWXWUZS +- VWW`Wda VW*22+' @SGWUdWfSdyS VW6_T[W`fWk 9WeSdda^^a GgefW`fST^W VW^ A[`[efWd[aVWGS^gVk 6_T[W`fWWeSgfad[VSVVW Sb^[USU[{` VWV[UZaVWUdWfa% S ^ae X[`WeVWSgfad[lSdW^[`YdWeaVWSc'dW^^ae dWe[Vgae cgW% bad WefSd S_bSdSVaeW`UWdf[X[USU[a`We VW [`aUg[VSVS_T\W`fS^ k eS`[fSd[S% `a dWbdWeW`fS` g` bW^[Yda a g` d[WeYa bSdSW^ S_T[W`fW% >SWS^[VSV VW h[VSVW ^SebWdea`Se? ^aedWUgdeae `SfgdS^We4 EgWg`S bdaZ[T[U[{`STea^gfS VW[_badfSU[{` fW`VdyS g` [_bSUfa `WYSf[haW`W^eWUfad [`Vgefd[S^VW^ bSye cgW% ZSefSSZadS% k VWSUgWdVa Ua` ^S`ad_Sf[hS h[YW`fW% ZS [_badfSVa W` US`f[VSVk US^[VSV _gk e[Y`[X[USf[hSe dWe[Vgae `a bW^[Ydaeae Ua_a [`eg_ae VWbdaUWeae [`Vgefd[S^We4 EgWSg`cgW g`S bdaZ[T[U[{`STea^gfSVW[`YdWea fW`VdyS ^ShW`fS\SVW bda_ahWdg` _Skad VWeSdda^^a VW^ dWU[U^SVa VW dWe[Vgae ^aUS^We% [_badfS`fWe ^[_[fSU[a`WefWU`a^{Y[USe k WUa`{_[USe[_bWV[dyS` ZSUWd^a W`W^Uadfab^Sla%^a UgS^dWVg`VSdyS W`g` bWd\g[U[a bSdSW^eWUfad [`Vgefd[S^S`fWe_W`U[a`SVa% bWd\g[U[a cgW`a dWeg^fS eWdS_T[W`fS^_W`fW Wj[Y[T^W W`SfW`U[{`S cgW^aedWe[Vgae cgWSUfgS^_W`fW eW[_badfS` k gf[^[lS` S^S_bSda VW^ 9WUdWfa ` '' a *1*(2+%ea` [`aUgae S_T[W`fS^k eS`[fSd[S_W`fW% `a Ua_bda_Wf[W`VaW^T[W`\gdyV[Ua bdafWY[Va W`W^bdakWUfa^WY[e^Sf[ha W` UgWef[{`% cgWWeW^S_T[W`fWk ^SUS^[VSV VWh[VSVW^SbaT^SU[{`4EgW% bad W`VW% aTeWdhSd ^aV[ebgWefaW`W^ SdfyUg^a ,0 VW^ DdakWUfa VW @Wk `' +.'2*/ `a [_b^[USdyS VW\Sd Sgfad[lSVa% W`fxd_[`ae YW`WdS^We% W^ [`YdWeaa [_badfSU[{` VWdWe[Vgae Va_[U[^[Sd[ae% e[`a _S`fW`Wdh[YW`fW g` dxY[_W`VWbdaZ[T[U[{` _we dSla`ST^Wk egefW`fST^W '

&#

[`_WV[SfS' DSdfW VW^SVaUfd[`SZS aTeWdhSVacgW_[W`fdSe W^hWfaVW^ baVWdW\WUgf[ha VW^ae SdfyUg^ae,, k ,- ^Wcg[fS XgWdlSS^bWdX[^ bdaYdS_wf[UaVW^S`ad_S% S^W^[_[`Sdg` Zad[la`fW Ua`UdWfa bSdS^SSVabU[{` VWVWU[e[a`We b|T^[USe adVW`SVSek b^S`[X[USVSe bad bSdfWVW^Sebdah[`U[Se k _g& `[U[b[ae [`ha^gUdSVaeW^hWfaVW^SbdaZ[T[U[{` VW*,0bSdWUW W`US_T[a bad V[ef[`fae _af[hae Ua`hW`[W`fW ' >>>'@:M+.'/*+ 9: vB>BH:9ICG >B9IGHF>6@:G M 9: 68H>J>969:G 9: G:FJ>8>CG 6' 8a`UWbfae Twe[Uae @S@Wk +./*+ ZS e[Va V[UfSVSUa_a `ad_S VWbdWegbgWefae _y`[_ae fW`V[W`fW S dWY[d ^S YWef[{`[`fWYdS^VWdWe[Vgae VWad[YW`[`Vgefd[S^k VWSUf[h[VSVWe VWeWdh[U[a% cgWeWS` YW`WdSVae W`faVa W^ fWdd[fad[a `SU[a`S^%k eWS`VWd[hSVae VW bdaUWeae[`Vgefd[S^Wea VWSUf[h[VSVWe VWeWdh[U[ae W`fW`& % V[W`Vabad HIGJG BF=LJKIB:D faVSSUf[h[VSV% bdaUWV[_[W`fa% VWeSdda^^a g abWdSU[{`VWUa`eWdhSU[{`% dWbSdSU[{` a fdS`e& Xad_SU[{` W`eg Xad_S%WeW`U[S% US^[VSV a US`f[VSVVWg`S _SfWd[Sbd[_S a _SfWd[S^bSdS^SaTfW`U[{`VWg` bdaVgUfa X[`S^_WV[S`fW^Sgf[^[lSU[{` VW_xfaVae [`Vgefd[S^We4 k bad SUf[h[VSVVWeWdh[U[a faVS SUf[h[VSVcgWUa_b^W_W`fWS ^S [`Vgefd[S^a cgWbad ^SeUSdSUfWdyef[USe VW^ae dWe[VgaecgW YW`WdS eWSSe[_[^ST^WS ^SS`fWd[ad% Ua` TSeWW`^ae `[hW^We VWd[WeYacgWVWfWd_[`S^S`ad_S #Sdf'*')$' :` fS^[`fW^[YW`U[S% I>JB=LGBF=LJKIB:D WeUgS^cg[Wd W^W_W`& fa%egefS`U[Sg aT\WfaW`WefSVae{^[Va% eW_[e{^[Va% ^ycg[Vaa YSeWaea% aTfW`[VaUa_a dWeg^fSVa VWg` bdaUWea[`Vgefd[S^% bad ^SdWS^[lSU[{`VWg`S SUf[h[VSVVWeWdh[U[a a bad WefSd dW^SU[a`SVa V[dWUfS a [`V[dWUfS_W`fW Ua`^SSUf[h[VSV% [`U^g& kW`VaWhW`fgS^We W_WdYW`U[Se a SUU[VW`fWe% Ugka baeWWVad

*, K 6@G=' CT' U[f'% b' /./.'

/.

/-

bdaVgUfada YW`WdSVad `a bgWVSgf[^[lSd^a% eWVWebdW`VS a fW`YS^SaT^[YSU[{`^WYS^ VWZSUWd^a #Sdf% +'r$' :e VWVWefSUSd cgWWefSUa`UWbU[{`VWdWe[VgaecgW SVabfS^S^WkWe S_b^[S W`UgS`fa STSdUS S faVa dWe[VgaVW ad[YW`[`Vgefd[S^% _we S^^w VW ege USdSUfWdyef[USe [`fdy`eWUSe% k bad W^^a cgWVS`SfdSbSVaeVW`fdaVWeg `ad_Sf[hS fS`fa ^aedWe[Vgae bW^[Ydaeae% WebWU[S^We% f{j[Uae a `aU[hae Ua_a ^aeVW`a_[`SVaedWe[Vgae adV[`Sd[ae% [`aUgae%Wcg[bSdST^We a Se[_[^ST^We S Va_[U[^[Sd[ae% VWad[YW`[`Vgefd[S^ ' :efS ea^gU[{`%cgWZS e[Va UgWef[a`SVS W`UgS`fa W`fdW_WlU^S dWe[Vgae VWUSdSUfWdyef[USe _gk V[ef[`Yg[T^We cgW&Sg`cgW ad[Y[`SVaeW` SUf[h[VSVWe [`Vgefd[S^We a VWeWdh[U[a& `a bdWeW`fS` `WUWeSd[S_W`fW g`S Wj[YW`U[S VW YWef[{`|`[US &k bad W^^a eW^W VSW^ _[e_a fdSfS_[W`fa`ad_Sf[ha Sg` dWe[Vga bW^[Ydaea cgWS g`a [`aUga g adV[`Sd[a% Ua` W^Ua`e[Yg[W`fW VWXWUfa a WjUWea VWWj[YW`U[S& bgWVW % egbWdSdeW _WV[S`fW g`S SVWUgSVS dWY^S_W`fSU[{` cgWegbWdW ^SUa`fdSV[UU[{` Wj[efW`fW W`fdW W^SdfyUg^a *'r VW^S@Wk +.'2*/ k ^aeSdfyUg^ae +'r VW^S@Wk +-').* k .'r VW^S@Wk +.'/*+' @aeaT\Wf[haeVW ^S@Wk +./*+ ea` VWX[`[Vae W`W^ SdfyUg^a -'r VW^S`ad_S%W[_b^[US` ^aeVWS' YSdS`f[lSd^SbdWeWdhS& U[{` S_T[W`fS^% ^SbdafWUU[{` VW^ae dWUgdeae `SfgdS^We% ^S US^[VSV VWh[VSVW^SbaT^SU[{`% ^SUa`eWdhSU[{` VW^oT[a& V[hWde[VSV% k W^Wcg[^[Td[a VW^aeWUa e[efW_Se4 T' _[`[Vf[lSd ^ae d[WeYae bafW`U[S^We VW^ae dWe[VgaeW`faVSe^SeWfSbSe VW^SYWef[{`[`fWYdS^4 U'dWVgU[d ^SUS`f[VSVVW^aedWe[Vgae cgWeWYW`WdS`4 V' bda_ahWd ^Sgf[^[lSU[{`k fdS`eXWdW`U[S VWfWU`a^aYySe ^[_b[Se k SVWUgSVSe bSdS ^SbdWeWdhSU[{` S_T[W`fS^k W^VWeSdda^^a eaefW`[T^W4 k W'bda_ahWd^SUWeS& U[{` VW^aehWdf[Vaed[WeYaeae bSdSW^S_T[W`fW'

**.

86;;:F6HH6' s_T[fa VWSb^[USU[{` VW^S ^Wk3Ua`UWbfa VWdWe[Vga [`Vgefd[S^ % W` 6>MBJK:4: 4>O"+)),&6% b' *+11' @:CB6F9C 9: 7:B:9>8H>G' 8a`e[VWdSU[a`We eaTdW ^S dWU[W`fW ^WkVWYWef[{` [`fWYdS^VWdWe[Vgae [`Vgefd[S^We k VWSUf[h[VSVWeVWeWdh[U[ae %W` /GC' @SbdafWUU[{` VW^ S_T[W`fWW`^S^WkVWdWe[Vgae bW^[Ydaeae W` % 6>MBJK:4: 4>O"+))*&9%b' *).0'

0,

Ydaeaek bSfa^{Y[UaebSdSW^w_T[fa \gd[eV[UU[a`S^ `SU[a`S^ #VWdWUZa ^aUS^$ k VWfdS`ebadfWa Ua_WdU[a [`fWd\gd[eV[UU[a& `S^ #VWdWUZa XWVWdS^$% fS_T[x` bdab[U[S^SdWYg^SU[{` bad bSdfWVW^Se\gd[eV[UU[a`We ^aUS^We bSdS W^fdSfS_[W`faVW ^aedWe[Vgae bW^[Ydaeae' :` YW`WdS^% `g_WdaeSebdah[`U[SeZS` SVZWd[Va Seg dxY[& _W` #8SfS_SdUS% 8add[W`fWe% 8ZgTgf%:`fdWFyae% ;ad_aeS% ?g\gk% @SDS_bS%@SF[a\S% AW`ValS% GS`f[SYaVW^ :efWda% GS` ?gS`%GS` @g[e% A[e[a`We% HgUg_w`%8{dVaTS% W`fdW afdSe$% Sg`cgWafdSe% ZS` abfSVa bad WefST^WUWd eg bdab[a dxY[_W` #Ua_a WeW^USeaVW^S@Wk **'0+) VW7gW`ae 6[dWe$% ZST[x`& VaeWbdaVgU[Va&Ua_a hWdW_ae& W`W^w_T[fa VW^ 8aXW_S g`S SUU[{`Ua`UWdfSVadS fW`V[W`fW S^VWeSdda^^a bdah[`U[S^ VW^ dxY[_W`k eg UaadV[`SU[{`Ua` ^SeUa_bWfW`U[Se cgW UaddWeba`VW` S ^SSgfad[VSVbdah[`U[S^' @S`ad_S W`eg SdfyUg^a +'r Ua`e[VWdS bW^[Ydaea S faVa dWe[VgacgWbgWVSUSgeSdVSza%V[dWUfS a [`V[dWUfS_W`fW% S eWdWe h[hae a Ua`fS_[`Sd W^egW^a% W^SYgS% ^SSf_{eXWdS a W^S_T[W`fWW`YW`WdS^ #W^ 9WUdWfa dWY^S_W`fSd[a 1,*(2, WebWU[X[US cgW dWe[VgabW^[YdaeaWe faVa _SfWd[S^cgW dWeg^fW aT\WfaVWVWeWUZa a STS`Va`a k bgWVSbWd\gV[USd W`Xad_SV[dWUfS a [`V[dWUfS% S eWdWe h[hae a Ua`fS_[`Sd W^ egW^a $':` bSdf[Ug^Sd [`U^gkWS ^ae dWe[Vgae[`V[USVaeW` W^S`Wja ># 8SfWYadySe ea_Wf[VSeS Ua`fda^ $a cgWbaeWS` S^Yg`S VW^Se USdSUfWdyef[USe W`g_WdSVSeW` W^S`Wja >> # @[efSVWUSdSUfWdyef[USe bW^[YdaeSe $% STSdUS`VaW^^aS ScgW^^aedWe[VgaebW^[YdaeaecgW bgV[WdW`Ua`ef[fg[deW W`[`eg_ae bSdS afdae bdaUWeae[`Vgefd[S^We' :jU^gkWW` US_T[a S ^ae dWe[VgaeVa_[U[^[Sd[ae% ^ae dSV[SUf[hae k ^ae VWd[hSVae VW^SeabWdSU[a`We `ad_S^WeVW^ae TgcgWecgW eWd[YW`bad ege dWYy_W`We WebWU[S^We #^WkWe +.'2*/%+.')*1% ++'*2) 8 +-')12$' HS_T[x` [`UadbadSSegdxY[_W`S^aedWe[Vgae bSfa^{Y[Uae #Sdfe'*2S++$% S^eWzS^Sd cgW^SeSgfad[VSVWe dWeba`eST^We VW ^SZST[^[fSU[{` VW WV[X[U[ae VWef[`SVae SUW`fdae VWSfW`U[{` VW^SeS^gVZg_S`S k S`[_S^ k UW`fdaeVW[`hWef[YSU[a`We

'%

'$

T[a_xV[USek W`^aecgWeWgf[^[UW`S`[_S^Weh[hae Wj[Y[dw` Ua_a Ua`V[U[{`bSdS afadYSdWeSZST[^[fSU[{`W^Ug_b^y& _[W`fa VW ^SeV[ebae[U[a`We VW^S@Wk +-').*%Ua`e[VWdS`Va dWe[VgaebSfa^{Y[Uae^ae3S' bdahW`[W`fWe VWUg^f[haeVW ^STadSfad[a4 T' dWefaeVWeS`YdWk VWege VWd[hSVae4 U'ad& Yw`[UaebdahW`[W`fWe VW^ cg[d{XS`a4V' dWefaeVWS`[_S^We bdaVgUfaVW^S[`hWef[YSU[{`_xV[US4W'S^YaVa`We% YSeSe% hW`VSegeSVSe% S_ba^^Se% \Wd[`YSe% aT\WfaeUadfS`fWe a bg`& lS`fWe% _SfWd[S^We VWeUSdfST^We% W^W_W`fae [_bdWY`SVaeUa` eS`YdW g afdSeegefS`U[SebgfdWeU[T^We cgW`a eWWefWd[^[lS`4 X'SYW`fWe cg[_[afWdwb[Uae' 7' :fSbSe VW3) YWef[{`VWdWe[VgaebW^[Ydaeae 6 ^ae X[`WeVWW`USglSd^SeSUf[h[VSVWe dW^SU[a`SVSe S dW& e[Vgae bW^[Ydaeae% ^S@Wk +-').* dWYg^S ^SeSUf[h[VSVWe VW @>F>I:=GI>J#USbyfg^a >J$%KI:FJHGIKBJK:J#USbyfg^a h$k HD:FK:J => KI:K:EB>FKGO =BJHGJB$% ZST[x`VaeW eaefW`[VacgWfS^dxY[_W``a We_we cgWg`S dWefd[UU[{` S^ Va_[`[a eaTdW^SeegefS`U[SebW^[YdaeSe % &$4: @>F>I:F>76FF:B 8 F6A>FC )# G6F6J>6' G[`Yg^Sd[VSVWe VW^e[efW_S VW dWeba`eST[^[VSV U[h[^ bdWh[efa W` ^S @Wk+-).* VWdWe[Vgae bW^[Ydaeae % W`

6>MBJK:3LIBJHIL=>FFKBF:"+))*&*%b' **.,'

@SeHD:FK:J=>KI:K:EB>FKGea` ScgW^^Se W`^SecgWeW_aV[& X[US`^SeUSdSUfWdyef[USe Xye[USe% ^SUa_bae[U[{` cgy_[USa ^S

''

'&

SUf[h[VSV T[a^{Y[US VW UgS^cg[Wd dWe[Vga bW^[Ydaea% VW _aVa fS^cgWeWW^[_[`W`ege bdab[WVSVWe `aU[hSe% a eWdWUgbWdW W`WdYyS a dWUgdeae _SfWd[S^We% a eWaTfW`YSg` dWe[Vga _W`ae bW^[Ydaea% a eW^a ZSYSegeUWbf[T^W VWdWUgbWdSU[{`% a _we eWYgda bSdSeg fdS`ebadfWa V[ebae[U[{`X[`S^'Ga` HD:FK:J=> =BJHGJBMBJK: 3LIBJHIL=>FFKBF:"*22.&**% b' ,*24 86F@CGFdhp DCGG:' @ae f[bae VW^[Uf[hae W` ^S ^WkVWdWe[Vgae bW^[Ydaeae +-').* % W` 6>MBJK:4: 4>O"*22.&)% b' *-+-' ++ KG6>@D:E>FK:IBG 1,*(2,% 7gW`ae 6[dWe%CWbS^_S% *22,% b' 2+4 A6IF>8>C @>7GH:F'/>DBKGJ>#,1/' +,

8adfW GgbdW_S VW^S BSU[{`% BFI> @gTd[UW`fda 7W^YdS`a %W` 6>MBJK: 4: 4>O" +)))&8% b' +,/'

5

DSdS W^Ua`fda^ VW^ae D87G ^S ^WkdWUgddW S ^S UdWSU[{`VW g` FWY[efdaBSU[a`S^ >`fWYdSVaVWDaeWWVadWe VWD87G cgW UW`fdS^[lSdw^ae dWY[efdaeWj[efW`fWeZSefS ^S XWUZS k cgW ba`W S USdYaVW^S Sgfad[VSV VWSb^[USU[{` cgW dWUSW eaTdW W^adYS`[e_a VW_Skad `[hW^ \Wdwdcg[UaUa` Ua_bWfW`U[S S_T[W`fS^ #Sdf' 0'r$' GWWef[bg^SW^b^Sla VW*1) VySe Uadd[Vae #Sdf' *)'r$ bSdS cgW faVa baeWWVad% XSTd[US`fW a Ua_WdU[S^[lSVadVWD87G eW [`eUd[TS k cgWVS` WjW`fae VW^S aT^[YSU[{` ScgW^^ae cgW baeWS` e{^a SbSdSfae cgW Ua`fW`YS` g` ha^g_W` fafS^ VW D87G _W`ad S g` ^[fda' :^ cgWVSdWjW`fa VW^S[`eUd[bU[{` W` W^dWY[efda`a ^a Wj[_W VW^Ug_b^[_[W`fa VW^S `ad_S' @S [`Xad_SU[{` dWcgWd[VSbad ^S Sgfad[VSV VWSb^[USU[{` bSdS [`eUd[T[d W` W^FWY[efdafW`VdwUSdwUfWd VWVWU^SdSU[{` \gdS& VS #Sdf' 1'r$' :^ baeWWVadf[W`W^SaT^[YSU[{` VWSUfgS^[lSd ^S [`Xad_SU[{` W`W^dWY[efdaS^_W`ae USVSVae Szae k VWTWdw `af[X[USdW` Xad_S [`_WV[SfS US_T[ae cgW [`ha^gUdW` _a& V[X[USU[{`VWUS`f[VSVWeVWD87G S|` e[` geSd%D87G W` gea k D87G geSVae #Sdf' *+$' :`fdW ^SeaT^[YSU[a`WeVW^S Sgfad[VSV VWSb^[USU[{` eWW`UgW`fdS`3 S' W`fW`VWdW` ^S VWfWd_[`SU[{` VWba^yf[USeW` _SfWd[S VWYWef[{` VWD87G W`Xad_S UaadV[`SVS Ua` ^SeSgfad[VSVWe Ua_bWfW`fWeVW^SeDdah[`U[Se k VW^S8[gVSV 6gf{`a_S VW 7gW`ae 6[dWe%W` W^w_T[fa VW^8a`eW\a ;WVWdS^VWAWV[a 6_T[W`fW #8aXW_S$3

+.

D>J% Z[la ^gYSdS ^Se_WV[VSebdWUSgfad[Se Ua` W^ X[`VWcgW^S9[dWUU[{`Ddah[`U[S^VW:`WdYySVW8add[W`fWe% W`eg US^[VSV VW bdab[WfSd[SVWfdS`eXad_SVadWecgWUa`f[W`W`D87G%Ug_b^S Ua` ^aedWcg[e[fae bdWh[efaeW`^S@Wk+.'/0)4 bgT^[USVaUa` `afS VW9> D6C@6' FWUa_bae[U[{` VW^S_T[W`fWk VW^ VSza bdaVgU[Vabad VWddS_We VWD87G % W`6>MBJK:4: 4>O 4BKGI:D" +))/% b' *,/'

J>'

@:M

+.').*

9: F:G>9ICG

F69>68H>JCG

6' 8a`UWbfaeTwe[Uae

@aedWe[VgaedSV[aSUf[haeeWW`UgW`fdS`bdWh[efaeW` W^ fWjfaUa`ef[fgU[a`S^% Va`VWeWhWVSeg [`YdWeaS^fWdd[fad[a `SU[a`S^#Sdf'-* WB$% bdaZ[T[U[{`_S`[X[WefS cgW`a SV_[fW WjUWbU[a`We ' @S@Wk +.)*1 WefST^WUW ^ae[`efdg_Wofae Twe[UaebSoS^S YWef[{`SVWUgSVS VW ^aedWe[Vgae dSV[oUf*hae% cgWYSdSof*oW` W`WefW SebWUfa ^SbdafWUU[{` VW^ S_T[W`fW% ^SeS^gVb|T^[US k ^aeVWdWUZae VW^SbdaebWd[VSV #Sdf'*')$' :^ SdfyUg^a ,') oW ^S`ad_S VWX[`W Ua_a dWe[VgadSV[SUf[haS faVa _SfW`S^ dSV[SUf[ha% Ua_T[`SVa a `a Ua` _SfWd[S^ `a dSV[SUf[ha% cgW ZSkSe[Vagf[^[lSVaW`bdaUWeae bdaVgUf[haea Sb^[USU[o`We% bSdS^ae UgS^We `a eWbdWhWS` geae [`_WV[SfaebaefW%`odWe W` ^S _[e_S [`efS^SU[{`%k cgW%bad ege USdSUfW`ef[USe dSV[a^{Y[USe `a bgWVS` eWdV[ebWdeSVae W` W^S_T['W`fW VWSUgWdVa Ua` ^ae ^y_[fWeWefST^WU[Vae bad ^S6gfa`VSV FWYg*Sfad[S BgU^WSd' :` Xad_SUa`UadVS`fW% ^S@Wk +-'1)- dWYg^S ^SeXg`U[a`We VW^S6gfad[VSV FWYg^Sfad[S BgU^WSd% cgW[`U^gkW`^SVW afadYSd% egebW`VWd k dWhaUSd ^[UW`U[Se% bWd_[eae a' ogfa& d[lSU[a`WeW`_SfWd[SVW[`efS^SU[a`We bSdS ^SYWef[a`VW VWeWUZae a dWe[VgaedSV[SUf[hae k VWSb^[USU[a`We `gU^WS&

+0

6^US`UW VW^ Ua`UWbfaVW"dWe[Vgae dSV[SUf[hae"#Sdf'-*%[` #'& 8B$ % [`Xad_Wea^[U[fSVabad UZSeSUf[h[VSVWe VWTWdw` dWS^[lSdeW W`g` faVa VWSUgWdVa Ua` ^ae ^y_[fWeWefST^WU[Vae bad ^S6gfad[& VSVFWYg^Sfad[S BgU^WSd k Ua` faVSe ScgW^^Se dWYg^SU[a`We `SU[a`S^We% bdah[`U[S^Wek VW^S8[gVSV VW7gW`ae 6[dWek SUgWdVae [`fWd`SU[a`S^We cgWUaddWeba`VS`#Sdf'+'r$' 8a`Xad_W WefST^WUW W^SdfyUg^a/'r%W^:efSVa `SU[a`S^% _WV[S`fWW^adYS`[e_a VWSb^[USU[{`VW^S^WkVWdWe[Vgae dSV[aSUf[hae% WedWeba`eST^W VW^SYWef[{`VW^ae dWe[Vgae dSV[SUf[hae'@ae YW`WdSVadWe VWxefae VWTW`bdahWWd^ae dWUgde'ae `WUWeSd[ae bSdS^^WhSVS S USTaW`f[W_ba k Xad_S Sbdab[SVae' :efS V[ebae[U[{` WeUa`UadVS`fWUa` ^SeXg`U[a& `WecgWUa`fW_b^SW^SdfyUg^a+'r [`U' % VW^S@Wk +-1)- bSdS ^S8a_[e[{` BSU[a`S^ VW:`WdYyS6f{_[US :1,)!# :^ YW`WdSVad eWdw dWeba`eST^W VW^ SUa`V[U[a`S_[W`fa k S^_SUW`S_[W`fa eWYgdaVW^ae dWe[VgaeYW`WdSVae bad ^S

[`efS^SU[{`cgWx^abWdS% eWY|` ^SeUa`V[U[a`WecgWWefoT^Wl& WS^S6gfad[VSV VW6b^[USU[{`% ZSefS eg fdS`eXWdW`U>S S ^S 8a_[e[{` BSU[a`S^VW:`WdYyS6f{_[US%VWT[W`Va `af[X[USd W` Xad_S [`_WV[SfS S ^S 6gfad[VSV FWYg^Sfad[SBgU^WSd eaTdWUgS^cg[Wd e[fgSU[{` cgWbgV[WdSVWd[hSd W`[`U[VW`fW% SUU[VW`fW a XS^^S VWabWdSU[{`' @S8a_[e[{` B SU[a`S^VW :`WdYyS6f{_[US WefST^WUWdw ^ae Ud[fWd[ae VWSUWbfSU[{` k ^SeUa`V[U[a`WeVWfdS`eXWdW`U[o VW ^ae dWe[VgaedSV[SUf[haecgWeWS``WUWeSd[ae bSdSSeg_[d ^S dWeba`eST[^[VSV cgW^WUa_bWfW% ^ae cgWVWTWdw` eWdSbda& TSVae bad ^S6gfad[VSV FWYg^Sfad[S BgU^WSd #Sdf'0'r$' % @S fdS`eXWdW`U[S S ^S 8a_[e[{` BSU[a`S^ VW:`WdYyS 6f{_[US VW^ae dWe[VgaedSV[SUf[hae% W`bSdf[Ug^Sd^ae W^W& _W`fae Ua_Tgef[T^We [ddSV[SVae% eWWXWUfgSdw W`W^ _a_W`fa k eWY|` ^ae bdaUWV[_[W`faecgW WefST^WlUS ^S 8a_[e[{` BSU[a`S^ VW:`WdYyS6f{_[US bdWh[S_W`fW SbdaTSVaebad ^S6gfad[VSV FWYg^Sfad[S BgU^WSd' :` `[`Y|` USeacgWVSdw VWeh[`Ug^SVa W^abWdSVadVW^S[`efS^SU[{` YW`WdSVado VW eg dWeba`eST[^[VSV bad WhW`fgS^We VSzae U[h[^We a S_T[W`& fS^WeZSefS fS`fa eWZSkS WXWUfgSVa ^SfdS`eXWdW`U[S VW^ae dWe[VgaedSV[SUf[hae' 8' "647-:-5+1) +668,15)+1>5 15:-82;819,1++165)3 @S8a_[e[{` BSU[a`S^ VW:`WdYyS6f{_[US :1,)! We^S Sgfad[VSVVWSb^[USU[{`VW^S^WkVWdWe[VgaedSV[aSUf[hae k VWTW UaadV[`SdUa` ^Sebdah[`U[Se a ^SU[gVSVVWogWo5e 6[dWe% eWY|` UaddWeba`VS% faVa ^a dW^Sf[ha' o eg SbZUoU^C` #Sdf'-'r$' :` faVSe ^Se SUf[h[VSVWe VWYWef[{`VWdWe[Vgae dSV[aSUf[hae^S 8a_[e[{` BSU[a`S^ VW:`WdYyS6f{_[US VWTWdw Ug_b^[d Ua` ^Se`ad_Se dWYg^Sfad[Se dWXWd[VSe S ^S eWYgd[VSV dSV[a^{Y[US k `gU^WSd% VWbdafWUU[{`Xye[US k S_& T[W`fS^k VWeS^hSYgSdV[Se [`fWd`SU[a`S^We cgWWefST^WlUS ^S 6gfad[VSV FWYg^Sfad[S BgU^WSd k Ua` faVSe ScgW^^Se dWYg&

2)

^SU[a`We `SU[a`S^We% bdah[`U[S^We k VW^SU[gVSVVW7gW`ae 6[dWecgWUaddWeba`VS`' @S8a_[e[{` BSU[a`S^VW :`WdYyS 6f{_[US VWTW W^STadSd k SUfgS^[lSd% USVSfdWe Szae%g` D^S`:efdSfxY[Uak DdaYdS_S B SU[a`S^VW 6%BtGHCF' @S S`f[\gd[V[U[VSV% SgfadyS k dWeba`eST[^[VSV bW`S^ W` ^S ^Wk +-').*' FxY[_W` bdaTSfad[a % W` 6>MBJK: 3LIBJHIL=>FFKBF:"*22.&>^' 86;;:F6H>6% BtGHCF' s_T[fa VWSb^[USU[{` VW^S^Wk3Ua`UWbfa VW dWe[Vga[`Vgefd[S^ % W` 6>MBJK:4: 4>O"+)),&6' 86;;:F6HH6%BtGHCF' CfdS hWl eaTdW^SUa_bWfW`U[S\gV[U[S^bW`S^ S_T[W`fS^ % W` 6>MBJK:4: 4>O"+))-&7' 86;;:F6H>6%BtGHCF' :^ VWddafWda VW^SVWXW`eS VW^ _WV[a S_T[W`fW % W` 6>MBJK: 4: 4>O"7gW`ae 6[dWe%+))1' 8FCHHC% A6Fy6 6BC@>86'@S bdafWUU[{` VW^S_T[W`fW W` ^S ^Wk VWdWe[VgaebW^[Ydaeae %W` 6>MBJK:4: 4>O"+))*&9' 9FCA>%FC7:FHC 8 :9I6F9C A:B:A' 4: .GFJKBKL?GIE:=:$ .GE>FK:=:" 7gW`ae 6[dWe%8[gVSV 6dYW`f[`S% *22-' >F>76FF:B%;:9:F>8C /# 8 F6A>FC 6' G6F6J>6' G[`Yg^Sd[VSVWe VW^ e[efW_S VWdWeba`eST[^[VSV U[h[^bdWh[efa W` ^S @Wk+-).* VW dWe[VgaebW^[Ydaeae %W` 6>MBJK: 3LIBJHIL=>FFKBF:"'%%&#&$ ?68C7C%:@ 8 86F@CGFCIKG6>@D:E>FK:IBG 1,*(2,% 7gW`ae 6[dWe%9WbS^_S% *22,'

7>7@>C8H>G% @:CB6F9C 9:' @ae Ua_bgWefae [`Vgefd[S^Wef{j[Uae W` ^S^Wk+.'/0)' 8a` WebWU[S^ dWXWdW`U[S S ^ae T[XW`[^aeba^[U^adSVae #dUee$ W` % 6>MBJK:/B:IB: 4: 4>O"W`Wda% +)).'

?I@>6% A6FH6 G' @S `gWhS ^Wk+./*+ VWMBJK:3LIBJHIL=>FFKBF:"+)),&_'

)'

)&

@>7GH:F% A6IF>8^C' />DBKGJ>% :9I6F9C 6' @ae bdWegbgWefae _y`[_ae VWbdafWUU[{` S_T[W`fS^ W`_SfWd[S VWdWe[Vgae[`Vgefd[S^Wek VWeWdh[U[aeVW ^S ^Wk+.'/*+ % W` ,F:D>J =>D:4>@BJD:FKBF:"+))+#S$' D>% :9I6F9C 6' DdWegbgWefae _y`[_ae VWdWYg^SU[{`VW^ae dUee %W` ,F:D>J =>D:4>@BJD:FKBF:"+))+&:#T$' EI^FCt%=IA7:FHC' @S bdafWUU[{` VW^S_T[W`fW W` ^S dWXad_S VW^S 8a`ef[fgU[{` BSU[a`S^ % W` 6>MBJK:/B:IB: 4: 4>O"_Sdla% *22/#S$' EI^FCt%=IA7:FHC :^ WefSVa WUa^{Y[UaVWVWdWUZaW` ^S 8a`ef[fgU[{` BSU[a`S^ % W` 6>MBJK:/B:IB: 4: 4>O" STd[^% *22/#T$' F>J6 DCGG:% 86F@CG' @ae f[bae VW^[Uf[hae# W` ^S ^WkVWdWe[Vgae bW^[Ydaeae +-').* % W` 6>MBJK:4: 4>O"X2'2.&9' FC9Fu:@ 8 A' :I6 9> D6C@6' :^ XWVWdS^[e_a k ^S`gWhS @WkJ =>4>@BJD:FKBF:$ -GD>KQF BF?GIE:KBMG" `' ,+%+))+' G67G6M% 96B>:@' 6^US`UW VW^Ua`UWbfa VW"dWe[Vgae dSV[SUf[hae" #Sdf' -*% BF?BF>"8B$ % [`Xad_W ea^[U[fSVa bad C ;' @S ^Wk+./*+ VWFWe[Vgae [`Vgefd[S^We3afdS ^Wk VWdWe[Vgae %W` 6>MBJK: 3LIBJHIL=>FFKBF:"+)E+&_' J 6@@G% A6F>C ;' @S ^Wk+.2*/ VWYWef[{`VWdWe[VgaeVa_[U[^[Sd[ae' I`S ^WkVWbdWegbgWefae _y`[_ae VWbdafWUU[{` S_T[W`fS^ bSdS ^S YWef[{` [`fWYdS^VWUaeSe VWeWUZSVae a STS`Va`SVSe cgW USdWlUSVWg`S dWYg^SU[{`WebWUyX[USW` %dWh[efSV[Y[fS^ 0D/Q:D$
Lihat lebih banyak...

Comentarios

Copyright © 2017 DATOSPDF Inc.