Administrative Ruling on Determination, Fixing, and Marking of Prices (reprinted)
Due to an error, Administrative Ruling dated October 25, 2015, which regulates the Methods for Determination, Fixing, and Marking of Prices in all of the National Territory, published in Official Gazette No. 40.774 of October 26, 2015 was modified and printed again. Therefore, Administrative Ruling No. 070/2015, which contains the full text of the aforesaid Administrative Ruling of October 25, 2015 and its modifications, was published in Official Gazette No. 40.775 of October 27, 2015
Please click here http://www.traviesoevans.com/memos/Administrative Ruling-Determination-Prices-Changes-English.pdf in order to access our summary of the changes made in the Administrative Ruling of October 25, 2015
Please click here http://www.traviesoevans.com/memos/administrative-ruling-on-determination-fixing-and-marking-of-prices-reprinted.pdf order to access our summary of Administrative Ruling No. 070/2015.
“NOTE: THIS INFORMATION SHOULD NOT BE CONSTRUED AS LEGAL ADVICE ON ANY SPECIFIC MATTER AND ITS CONTENT ARE INTENDED AS A MANAGEMENT ALERT AS TO CURRENT DEVELOPMENTS IN VENEZUELA, ANY SPECIFIC LEGAL QUESTIONS REGARDING THE POSSIBLE APPLICATION OF NEW OR PROPOSED LEGISLATION TO PARTICULAR SITUATIONS SHOULD BE ADDRESSED TO TRAVIESO EVANS ARRIA RENGEL & PAZ.”