Franchise Guide 2021- 2022 by Lexology
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As anticipated by González Calvillo, on February 1, 2021, the President of Mexico sent to the Chamber of Representatives, an initiative to reform and add various provisions to the Electric Industry Law (the “Initiative”).
On February 23, the Chamber of Representatives approved the Initiative, with certain modifications, with 304 (60.8%) votes in favor, 179 (35.8%) votes against and 4 (.8%) abstentions, the Initiative was sent to the Chamber of Senators for its corresponding approval.
On March 2, the Chamber of Senators approved what was sent by the Chamber of Representatives without making any modifications, with 68 (53.1%) votes in favor and 49 (38.28%) against.
The reform was published in the Official Federal Gazette on March 9th, 2021.
The approved text considers, among others, the following amendments and additions to the Electric Industry Law (“LIE”):
The amendments to the LIE will come into force tomorrow and will repeal all the provisions that oppose it. SENER, CRE and CENACE will have 180 calendar days to make all the necessary modifications to all agreements, resolutions, guidelines, policies, criteria, manuals, and other regulatory instruments issued in the field of electrical energy.
Once the reforms to the LIE come into force, the deadlines for the presentation of indirect amparos, controversies and constitutional actions will begin.
At González Calvillo we are prepared to provide the advice you require in relation to any issue related to the new provisions. We remain at your service for any questions or clarification in relation to the scope of this document.
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