NewsWhore
09-19-2007, 06:10 PM
Business and industry leaders are questioning one of the provisos of the recently modified Electricity Law, stipulating that all entities that are granted "non-regulated consumer" status - which purchases electricity directly from the generators-will be subject to a 10% tax on the energy consumed. The basic argument by the business and industrial sector representatives is that there is a legal principle that states that no law can be retroactive if it is prejudicial to those affected. In this case, the argument is that all consumers that followed the existing rules and requested their change of status before the legislation was passed should not be affected by the new regulations. Many industrialists, traders and businesses have had requests for the non-regulated status pending for years, some as many as five years, and see the new rules as very prejudicial. The National Energy Commission is responsible for writing up the regulations for the application of the modified law and presenting them to the President for final approval.
More... (http://www.dr1.com/index.html#7)
More... (http://www.dr1.com/index.html#7)