Electric Energy Law Nro. 24.065 - Modification - Full Text Of The Norm

Original Language Title: ENERGIA ELECTRICA LEY NRO. 24.065 - MODIFICACION - Texto completo de la norma

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ENERGIA ELECTRICA Law 25.957 Amend article 70 (e) of Law 24.065, with the aim of establishing a mechanism for the determination of the surcharge that constitutes the National Electrical Energy Fund. Watch. Sanctioned: November 10, 2004 Cast: December 1, 2004

The Senate and Chamber of Deputies of the Argentine Nation assembled in Congress, etc. sanction with force of Law:

ARTICLE 1 : The following text is added at the end of article 70 (e), of Law 24.065, as follows:

For the purpose of determining the surcharge that constitutes the National Electrical Energy Fund (FNEE), the above-mentioned value will be affected by a quarterly adequacy coefficient (CAT) for seasonal periods. This quarterly adequacy coefficient (CAT) will result in the consideration of the net turnover of generators by the term and spot contracts in the wholesale market corresponding to the immediate quarter prior to the liquidation, divided the total energy (in MWh) involved in that billing, and its comparison with the same ratio for the May/July 2003 quarter that will be taken as a basis.

ARTICLE 2 This calculation mechanism shall enter into force from the first quarter after the validity of this law.

Article 3 Contact the Executive.

IN THE SESSION OF THE ARGENTINE CONGRESS, IN GOOD AIRES, TO THE TWENTY DAYS OF THE NUMBER OF THE YEAR DOS MIL CUATRO.

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EDUARDO O. CHANGE. A. GUINLE. . Eduardo D. Rollano. . Juan Estrada.