Law 12 of 2006.

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  • TypeLaw
  • 12
  • Date2006

Summary.

The law recognizes outstanding labor liabilities owed to former port and railway workers and sets out how their amounts are determined. It authorizes the procedures and assigns payment to the Executive Branch.

What it covers.

  • Recognition of labor liabilities owed to former port workers.
  • Recognition of labor liabilities owed to former railway workers.
  • Determination of the amounts owed and payment of those liabilities.

Who it applies to.

  • Former workers of the Ports of Balboa and Cristóbal.
  • Administrative staff of the former National Port Authority (Autoridad Portuaria Nacional) directly involved in operating those ports.
  • Former workers of the former Directorate General of the Panama Railway (Dirección General del Ferrocarril de Panamá).
  • Public bodies responsible for determining the amounts and making payment.

Key points.

  1. Recognizes outstanding labor liabilities owed to former workers of the Ports of Balboa and Cristóbal and administrative staff of the former National Port Authority (Autoridad Portuaria Nacional) directly involved in their operation, under Law 5 of 1997.Art. 1
  2. Recognizes outstanding labor liabilities owed to former workers of the former Directorate General of the Panama Railway (Dirección General del Ferrocarril de Panamá) arising from the agreement signed on August 2, 1997, in accordance with Law 15 of 1998.Art. 2
  3. Authorizes the Panama Maritime Authority (Autoridad Marítima de Panamá), the Ministry of Labor and Workforce Development (Ministerio de Trabajo y Desarrollo Laboral), the Ministry of Economy and Finance (Ministerio de Economía y Finanzas), and the Office of the Comptroller General (Contraloría General de la República) to determine the amounts and carry out the relevant procedures.Art. 3
  4. The Executive Branch arranges the corresponding budget allocations and pays the labor liabilities after completion of the amount determination and payment procedures.Art. 4
  5. The law takes effect upon its promulgation.Art. 5