RISKS OF WORK Decree 719/96 Poster until 1 January 1997, the affiliation of the public sector to the regime provided for in Law No. 24.557.

Bs. As., 28/6/96

VISTO Act No. 24.557 and

CONSIDERING:

On the part of the public sector, it is necessary to reconcile the need to achieve the full and timely granting of the benefits provided for in the WORKING RISK LAW with the existence of specific budget lines and selection procedures to proceed with the affiliation of an Aseguradora authorized to operate under the law that is regulated.

That is why it becomes imperative to postpone the affiliation of this sector until 1 January 1997, presuming that it possesses the necessary economic-financial solvency and sufficient guarantees for the granting of benefits in kind, indispensable requirements for accessing the self-insurance regime.

That from that date and in order to adopt a decision consistent with the rest of the policies aimed at the reform and rationalization of the NATIONAL STATE, the obligation is established that the NATIONAL STATE is to delegate the protection of the risks of work in an Asegurer authorized to operate under the Law that is regulated.

The determination of the requirements to which the provinces, their municipalities and the MUNICIPALITY OF THE CIUDAD OF BUENOS AIRES must be adapted from 1 January 1997 in order to access the self-insurance regime.

That the present is dictated in the use of the powers conferred by article 99 (2) of the NATIONAL CONSTITUTION.

Therefore,

THE PRESIDENT OF THE ARGENTINA NATION

RIGHT:

Article 1 de (Law No. 24.557) Until 1 January 1997, the NATIONAL STATE, the provinces and their municipalities and the MUNICIPALITY OF THE CIUDAD OF GOOD AIRES that are not aligned within the framework of the law that is regulated, are presumed self-insurance.

Art. 2o . Starting on 1 January 1997 the centralized and decentralized NACIONAL PUBLIC ADMINISTRATION, auto-archic entities, state companies, state societies, corporations with majority state participation, mixed-economic societies, special-account services, public-sector social works, banks and official financial entities national or municipal, and any other entity in which the NACIONAL STATE or its entes de mayorcentralised.

Art. 3o . From the date indicated in the previous article, the provinces, their decentralised and auto-archic bodies, their municipalities and the MUNICIPALITY of the CIUDAD DE BUENOS AIRES, in case of opting for self-assurance, must be adapted to the requirements stipulated for private employers who opt for self-insurance.

Art. 4o . Communicate, publish, give to the National Directorate of the Official Register and archvese. . MENEM. . Jorge A. Rodriguez. . José A. Caro Figueroa. . Domingo F. Cavallo.