Content And Scope Of Presidential Decree No. 1.368 Of July 12, 2001 (Official Gazette Of The Republic No. 37.239, Dated 7-13-2001) Regarding The Establishment Of The National Minimum Wage
Overview
1. The discussed Decree No. 1.368, dated July 12, 2001, published in Official Gazette of the Republic (G.O.) No. 37.239 of July 13, issued by the President of the Republic in Council of Ministers in exercise of the powers vested in him by Article 236.1 of the Constitution of the Bolivarian Republic of Venezuela, Article 138 (authority to decree salary raises) and Article 172 (authority to establish minimum wages) of the Organic Labor Law (OLL), established the set of minimum wages that would govern within the reserved realm (Articles 1 to 5).
