This Regulation is composed of 7 articles. Articles 1 and 2 deal with terms and definitions. Article 3 specifies competencies and duties of the Board of Commissioners in contracting with Developing Entity of the zone and the right to stipulate provisions in the contract. Article 4 defines the following obligations of the Developing Entity: (a) to commence the work in the zone; (b) to implement the development according a plan approved by the Board of Commissioners; (c) to take into account the z