CENTRAL MERCATE OF GOOD AIRES

Decree 724/98

Amend Decree No. 510/98, which provided for the cessation of the intervention once the Board of Directors was formed, incorporating the provision contained in article 5 of the Statute ratified by Law No. 17.422. Designase Interventor.

Bs. As., 18/6/98

B.O: 19/6/98

I look at the Nros Laws. 17.422 and 17.475 and Nros Decrees. 458/97, 510/98, 606/98 and 616/98, and

CONSIDERING:

That through Decree 458/97, the resignation presented by the then interventioner of the CENTRAL MERCATE OF BUENOS AIRES Sr. Ricardo Horacio RE was accepted.

That subsequently by Decree No. 510/98 the termination of the intervention to the CORPORATION OF THE CENTRAL MERCATE OF BUENOS AIRES, once the Board of Directors has been constituted in the terms of Article 2 of the Statute ratified by Law No. 17.411.

That, for its part, article 5 of the aforementioned Statute provides that the presence of half plus one of the Board members is required to be able to discuss and take agreements.

That while the National Government appointed its representatives through Nros Decrees. 606/98 and 616/98, the Province of Buenos Aires and the Autonomous City of Buenos Aires have not yet appointed the other members of the Board.

That, therefore and in order to enable a better functioning of the CENTRAL MERCATE OF BUENOS AIRES CENTRAL MERCATE, it is considered appropriate to amend Decree No. 510/98 by incorporating as an assumption for the cessation of intervention, the provision contained in article 5 of the Statute ratified by Law No. 17.422 as soon as it provides that the Board of the aforementioned Corporation in order to be able to deliberate and take agreements shall have the presence of half more.

That, also and until compliance with the provisions of the Decree No. 510/98 it is necessary to appoint one of the officials appointed as representatives of the National Government to carry out this position in the CORPORATION OF THE CENTRAL MERCATE OF BUENOS AIRES.

That the present measure is determined in the use of the emerging powers of article 99, paragraphs 1 and 7 of the National Constitution.

Therefore,

THE PRESIDENT OF THE ARGENTINA NATION

RIGHT:

Article 1Replace article 1 of Decree No. 510 of 13 May 1998 with the following:

"Release without effect the intervention to the CORPORATION OF THE CENTRAL MERCATE OF BUENOS AIRES, provided by Decree No. 1905 of 10 September 1993 and its amendments, once the Board has been constituted in accordance with article 2 of the Statute ratified by Law No. 17.422 or until such time it is in a position to deliberate and take agreements in the terms of Article 5 of the Statute."

Art. 2°-The intervention of the CENTRAL MERCATE OF BUENOS AIRES, Mr. Ingeniero Agrónomo D. Miguel Alfredo FERRE (M.I. No. 7.739.626).

Art. 3o-Contact, post, give to the National Directorate of the Official Register and archvese.- MENEM.-Carlos V. Corach.- Roque B. Fernández.