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Creation of the Aurora Special Economic Zone Authority. - There is hereby created a body corporate to be known as the Aurora Special Economic Zone Authority, hereinafter referred to as the ASEZA, which shall manage and operate, in accordance with the provisions of this Act, the Aurora Special Economic Zone. This corporate franchise shall expire in fifty (50) years counted from the first day of the fifth (5th) calendar year after the effectivity of this Act, unless otherwise extended by Congress. It shall be organized within one hundred eighty (180) days after the effectivity of this Act.
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