📜 Summary: Ley Bases and Starting Points for the Freedom of Argentines

OBJECTIVE📢

This law aims to reorganize and improve the functioning of the Argentine State, promoting a more efficient and transparent administration. In addition, it seeks to modernize the labor market, promote sustainable energy and attract large investments.

1. Emergency Declaration 🆘
   A public emergency is declared in administrative, economic, financial and energy sectors for one year, granting special powers to the Executive Branch.

2. State Reform 🏢
   Administrative reorganization:

   • Improve efficiency and transparency.

   • Reduce size of the State.

   • Internal control of public finances.

3. Privatization:

   • Privatize certain state companies.

   • Maintain an important stake in companies such as Nucleoeléctrica Argentina and Yacimientos Carboniferous Río Turbio.

4. Administrative Procedure:

   • Simplify State procedures.

   • Introduce principles of transparency, good faith and efficiency.

5. Public employment:

   • Modify public employment laws for greater efficiency.

6. Contracts and Agreements 🤝
   Regulate State contracts and concessions, adapting them to force majeure situations.

7. Promotion of Registered Employment 👷
   Encourage the creation of formal jobs with all labor rights.

8. Labor Modernization 🛠️
   Update labor laws to adapt them to current needs.

9. Energy ⚡
   Hydrocarbons and natural gas:

   • Modify laws to improve management and exploitation of resources.

   • Unify regulatory entities and adapt environmental legislation.

10. Incentive for Large Investments 💼
    Create a special regime to attract large investments, offering tax and customs benefits.

11. Pension Regime 👵
    Adjust the retirement and pension system to guarantee its sustainability.

12. Final Provisions 📜
    Rules and procedures for the implementation and monitoring of the law.

13. Modifications to the Employment Contract Law 📋

• Trial period:

  • The first 6 months of a contract are on a trial basis.

  • Extension up to 8 months for medium-sized companies and 1 year for small companies.

• Contractors and intermediaries:

  • Rights with the main company for workers hired through intermediaries.

• Prohibition of working during pregnancy:

  • Prohibited from working 45 days before and after childbirth.

• Dismissal due to discrimination:

  • Increased compensation for discriminatory dismissals.

• Termination fund:

  • Establish a fund to cover severance pay.

14. Independent Workers 👨‍💼

• They can hire up to 5 collaborators without creating a dependency relationship and must contribute to the social security system.

15. Agricultural Work 🚜

    Permanent agricultural employment contract:

    • Considered permanent except for exceptions.

    Job board:

    • Trade union associations can propose temporary workers.

16. Repeals ❌

    • Laws and articles incompatible with the new legislation are repealed

17. Energy 🔋

• Hydrocarbons:

  • Activities carried out by state, private or mixed companies.

  • Simplification of permits and concessions.

• Gas natural:

  • Imports without prior approval, regulated exports.

  • Conditions for export of Liquefied Natural Gas (LNG).

And that's it! This law has a great impact on the structure of the State and the Argentine economy. We hope that this summary has been useful and easy to understand, I know it is very summary, but if any section aroused your curiosity or you want to know more, you can go look for that specific item there.

This summary is made by artificial intelligence so it may contain some incorrect or missing information. If you want to contribute your summary, send it to me at victorbelluccini@gmail.com and I will take it into account.

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