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New Laws

The President of the Republic, via the Enabling Law (effective from 03-15-2015 to 12-31-2015) executed and approved the Decrees with the Status, Value and Force of Law indicated below, published in Official Gazette No.  6.207 Extraordinary of December 28,  2015, No. 6.209 Extraordinary of December 29, 2015, No. 6.210 Extraordinary and  No. 6.211 Extraordinary of December 30, 2015. 

 

  1. Decree No. 2.158, whereby the Decree with the Status, Value, and Force of Law on Firing Freeze is issued. (Official Gazette No. 6.207).

  2. Decree No. 2.161, whereby the Decree with the Status, Value, and Force of Law of Presidential Councils of Government of the Popular Power is issued. (Official Gazette No. 6.209).

  3. Decree No. 2.164, whereby the Decree with the Status, Value, and Force of Law for Preservation of the Cuartel de la Montaña and its Historical Memory is issued. (Official Gazette No. 6.209).

  4. Decree No. 2.166, whereby the Decree with the Status, Value, and Force of Organic Law of Social Security of the National Bolivarian Armed Forces, Law Negro Primero, is issued. (Official Gazette No. 6.209).

  5. Decree No. 2.163, whereby the Decree with the Status, Value, and Force of Law of Partial Amendment to the Decree with the Status, Value, and Force of Income Tax Law is issued. (Official Gazette No. 6.210).

  6. Decree No. 2.165, whereby the Decree with the Status, Value, and Force of Organic Law that Reserves to the State the Activities of Exploration and Exploitation of Gold and other Strategic Minerals is issued.  (Official Gazette No. 6.210).

  7. Decree No. 2.167, whereby the Decree with the Status, Value, and Force of Law of the Exchange Regime and its Unlawful Acts is issued. (Official Gazette No. 6.210).

  8. Decree No. 2.169, whereby the Decree with the Status, Value, and Force of Law of Tax on Large Financial Transactions is issued. (Official Gazette No. 6.210).

  9. Decree No. 2.170, whereby the Decree with the Status, Value and Force of Organic Law on Borders is issued. (Official Gazette No. 6.210).

  10. Decree No. 2.171, whereby the Decree with the Status, Value, and Force of Organic Law for the Development of Petrochemical Activities is issued. (Official Gazette No. 6.210).

  11. Decree No. 2.173, whereby the Decree with the Status, Value, and Force of Organic Law of the Attorney General’s Office of the Republic is issued. (Official Gazette No. 6.210).

  12. Decree No. 2.174, whereby the Decree with the Status, Value, and Force of Organic Law of Financial Administration of the Public Sector is issued. (Official Gazette No. 6.210).

  13. Decree No. 2.175, whereby the Decree with the Status, Value, and Force of Law on the Statute of Police Function is issued. (Official Gazette No. 6.210).

  14. Decree No. 2.176, whereby the Decree with the Status, Value, and Force of Securities Market Law is issued. (Official Gazette No. 6.211).

  15. Decree No. 2.177, whereby the Decree with the Status, Value and Force of Law of the National Integrated Service of Customs and Tax Administration (“SENIAT”) is issued. (Official Gazette No. 6.211)

  16. Decree No. 2.178, whereby the Decree with the Status, Value, and Force of Law of the Insurance Activity is issued. (Official Gazette No. 6.211).

  17. Decree No. 2.179, whereby the Decree with the Status, Value, and Force of Organic Law of Amendment to the Law of the Venezuelan Central Bank is issued. (Official Gazette No. 6.211).

 

The National Assembly issued the laws indicated below, published in Official Gazette   No. 6.207 Extraordinary of December 28, 2015, No. 6.208 Extraordinary of December 28,  2015, and No. 40.819  of December 30,  2015.

 

  1. Organic Penitentiary Code. (Official Gazette No. 6.207).

  2. Law of Telesalud. (Official Gazette No. 6.207).

  3. Organic Law on Recreation. (Official Gazette No. 6.207).

  4. Code of Ethics of Venezuelan Judges. (Official Gazette No. 6.207).

  5. Law of Creation of the National Commission of International Humanitarian Law. (Official Gazette No. 6.207).

  6. Law of Protection of the Red Cross Name and Emblem. (Official Gazette No. 6.207).

  7. Law on Quality of Waters and Air. (Official Gazette No. 6.207).

  8. Organic Law of Firemen Service and Fire Departments and Management of Emergencies of a Civil Character. (Official Gazette No. 6.207).

  9. Law of Communication of the Popular Power. (Official Gazette No. 6.207).

  10. Law on Seeds. (Official Gazette No. 6.207).

  11. Law of Partial Amendment to the Organic Law of Public Defense. (Official Gazette No. 6.207).

  12. Law on Military Discipline. (Official Gazette No. 6.207).

  13. Law that Approves the Protocol of Educational Integration and Recognition of Certificates, Degrees, and Studies at Primary/ Fundamental/ Basic and Medium/ Secondary Level among MERCOSUR State Parties. (Official Gazette No. 6.208).

  14. Law that Approves the Doha Amendment to the Kyoto Protocol. (Official Gazette No. 6.208).

  15. Law that Approves the Protocol of Educational Integration and Recognition of Certificates, Degrees, and Studies at Non-technical Primary and Medium Level among MERCOSUR State Parties, the Republic of Bolivia, and the Republic of Chile.   (Official Gazette No. 6.208).

  16. Law that Approves the Protocol of Educational Integration and Recognition of Certificates, Degrees, and Studies at Non-technical Primary and Medium Level. (Official Gazette No. 6.208).

  17. Law that Approves the Agreement between the Government of the Bolivarian Republic of Venezuela and the Government of the State of Palestine for Bilateral and Reciprocal Protection of Investments  (Official Gazette No. 6.208).

  18. Law that Approves the Agreement on International Road Transportation of Cargo and Passengers between the Bolivarian Republic of Venezuela and the Republic of Colombia. (Official Gazette No. 40.819).

  19. Law that Approves the Agreement between the Government of Saudi Arabia and the Government of the Bolivarian Republic of Venezuela for Avoidance of Double Taxation  and Prevention of Fiscal Evasion in relation to Income Tax. (Official Gazette No. 40.819).

  20. Law that Approves the  MERCOSUR Protocol of Cultural Integration. (Official Gazette No. 40.819).

  21. Law that Approves the Basic Principles of the Sovereign Debt Restructuring Processes, approved by reason of the Sixty-Ninth Period of Sessions of the United Nations General Assembly, through Resolution No. 69/319, dated September 10, 2015. (Official Gazette No. 40.819).

  22. Law that Approves the Bilateral Agreement on Mutual Administrative Assistance for the Adequate Application of the Legislation on Customs Crimes between the Government of the Bolivarian Republic of Venezuela and the State of Qatar. (Official Gazette No. 40.819).

  23. Law that Approves the Paris Agreement of the United Nations Framework Convention on Climate Change. (Official Gazette No. 40.819).

“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.”