The Decree, enacted on October 3, 2000 empowers the Executive, subject to the prior approval by the Audit Office, to authorise the particular regimes and contracting procedures based on principles of openness and equality of the bidders, provided market conditions and the goods and services involved prove advantageous to the government.
Uruguay was the only Mercosur country and one of only three Latin American countries that did not have a consumer protection law. An extensive Consumer Relations Act that took effect on August 27, 2000 drastically changes this situation.
Act No 17.243 approved by the Executive on June 29, 2000 covers a wide range of topics including investment promotions, tax, antitrust, labour, company, administrative, public, criminal, mutual funds.
On June 13 the Parliament approved an Act intended to implement the understandings between the Colorado Party and the Blanco Party.
The decree, approved on May 30, 2000 lifts the ban on the importation of satellite TV receivers imposed only four months ago.
As of May 1, 2000 Dr Jorge Marabotto has joined the firm as co-director of the litigation department.
A new law (No 17.228) of April 2000 puts an end to an outdated security system which highly restricted access to credit.