Summary.
Law 1 of 1997 grants the Executive Branch extraordinary authority to issue decree laws on four specified matters.
What it covers.
- Authority to change how the Development Trust Fund's resources are used.
- Authority to establish the framework for drinking water and sanitary sewer services.
- Authority to establish a special labor regime in export processing zones.
- Authority to create a dual vocational training system.
Who it applies to.
- Executive Branch (Órgano Ejecutivo).
- Development Trust Fund (Fondo Fiduciario para el Desarrollo).
- Export processing zones and companies established in them.
- Apprentices aged 14 to 20 and persons over 20.
Key points.
- The Executive Branch receives extraordinary authority to issue decree laws on the matters listed in the Law.Art. 1
- It can amend Articles 2 and 3 of Law 20 of 1995 to limit use of the Development Trust Fund's resources to its earnings or interest and allocate them among public debt for social investment, constituency projects and the agricultural sector.Art. 1
- It can establish the regulatory and institutional framework for drinking water and sanitary sewer services.Art. 1
- It can add an article to Law 25 of 1992 establishing a special labor regime for export processing zones and companies established in them.Art. 1
- It can create a dual vocational training system aimed primarily at apprentices aged 14 to 20, with special programs for persons over 20.Art. 1