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Extension of the Decree of State of Emergency (including Economic Emergency)

Decree No. 2.371 of July 12, 2016, issued by the President of the Republic, was published in Official Gazette No. 40.942 of July 12, 2016. Said Decree extended for sixty (60) days the period of time established in Decree No. 2.323, published in Official Gazette No. 6.227 Extraordinary of May 13 2016, whereby the State of Emergency (including Economic Emergency) was declared in all of the national territory.

 

The Decree became effective on July 12, 2016.

 

In order to access the Decree, please click here.

 
“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.”