Bill 558.

Summary.

The bill proposes to change when Law 473 of 2025 takes effect. That law amends Law 45 of 2007 on consumer protection and competition. The bill’s purpose is to replace the wording of Article 5 of Law 473 of 2025, the provision that sets the date on which that law begins to apply. The proposed change concerns the commencement of the amended law and, through it, the point from which the amendments it contains would operate in the subject matter identified in the bill’s title.

Article 1 supplies new wording for Article 5 of Law 473 of 2025. It sets commencement on the date written in the Spanish text as “el! de julio de 2027.” The provision would become the text of the replaced article. If the proposed amendment is enacted, it would serve as the commencement clause of Law 473 of 2025. That date concerns the law whose Article 5 is being amended, which the bill’s title links to consumer protection and competition.

Article 2 states the scope of the amendment: the proposed law amends Article 5 of Law 473 of 2025. It thus identifies both the law being changed and the specific provision that would receive the wording set out in Article 1. These two articles address the same change to commencement. Article 2 does not introduce a separate date; it expressly establishes the relationship between this bill and the provision of the earlier law that would be replaced.

Article 3 governs a different point of commencement. It provides that the law resulting from this bill would take effect on the day following its promulgation in the Official Gazette (Gaceta Oficial). This rule concerns when the proposed amending law would take effect. By contrast, the date placed in the new Article 5 concerns when Law 473 of 2025 would take effect. The bill therefore contains one commencement rule for the amending law and a revised commencement clause for the law being amended.

The subject matter relates to public authorities involved in promulgation through the Official Gazette and to those involved in consumer protection and competition. The proposal could be relevant to consumers, suppliers and other market participants covered by Law 45 of 2007, as well as those responsible for applying or complying with the amendments contained in Law 473 of 2025.