Regulations to the Law on Fair Costs and Prices
The Partial Regulations on the National Superintendence of Costs and Prices and the National Integrated System of Price Administration and Control (the “Regulations”), was published in Official Gazette No. 39.802 of November 17, 2011 and became effective on said date.
To access a summary of the Regulations, 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.”