Law No. 69 Of 29 April 1997

Original Language Title:  LEGE nr. 69 din 29 aprilie 1997

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Law No. 69 of 29 April 1997 approving Government Emergency Ordinance nr. 3/1997 concerning the products and services of the autonomous public corporations, the activities of natural monopoly and economic activities subject to a special scheme for prices and tariffs shall be determined with the advice of the Office ISSUING Competition published in PARLIAMENT OFFICIAL GAZETTE nr. 77 of 29 April 1997, the Romanian Parliament adopts this law.


The sole article approving Government Emergency Ordinance nr. 3/1997 concerning the products and services of the autonomous public corporations, the activities of natural monopoly and economic activities subject to a special scheme for prices and tariffs shall be determined with the advice of the Office of competition, as published in the Official Gazette of Romania, part I, no. 32 of 27 February 1997, with the following amendments and supplements: 1. In article 2 (4) shall read as follows: "(4) Adjustments of prices and rates referred to in paragraph 1. (2) and (3) shall be made only if the amount of the adjustment parameters change with at least ± 5% compared to the level determined from the date of the previous adjustments. "
2. In article 2 (5) shall read as follows: "(6) the prices and tariffs set in accordance with paragraph 1. (2), (3) and (4) shall be communicated in writing to manufacturers and service providers by the Competition Office in the month needs to be adjusted and will apply from the date of the first of the following month. "
3. In article 2 (7) shall read as follows: "(7) Periodically, the competition Office will perform analysis on the structure of prices and tariffs for goods and services listed in annex II."
This law was adopted by the Chamber of deputies at its meeting on 11 March 1997, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
p. CHAMBER of DEPUTIES PRESIDENT ANDREW JOHN CHILIMAN this law was adopted by the Senate at its meeting on 18 April 1997, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
p. SENATE CHAIRMAN MIRCEA IONESCU-QUINTUS — — — — — — — — — — — — — — — — — — — —