Mexico: The Energy Regulatory Commission has published Accord A/023/2023, which cancels the suspended deadlines and the phased calendar

In brief

On 20 July 2023, the Energy Regulatory Commission (CRE) published in the Federal Official Gazette of Mexico (DOF) Accord A/023/2023 ("Accord"), declaring accords A/001/2021 and A/004/2023 no longer valid. The Accord (i) annuls the suspension of deadlines and the phased calendar before the CRE and (ii) establishes that the deadlines and legal terms must be complied with in accordance with the provisions of the Law.

Enforceability and Validity

Accord A/023/2023 became effective upon its publication in the DOF (i.e., 20 July 2023) and abrogates (i) accord A/001/2021 that establish the suspension of deadlines and legal terms in the CRE, as a measure to prevent and combat the spread of the COVID-19 coronavirus, published on 18 January 2021, as well as (ii) accord A/004/2023 that establish the legal terms and deadlines are restarted in an orderly and phased manner, amending accord A/001/2021, published on 28 February 2023.


Contents

Key Points

The main implications of the Accord A/023/2023 are as follows:

  1. To continue to observe the deadlines and legal terms in the CRE in accordance with the prior provisions of the Law.
  2. CRE no longer will review, oversee and resolve in a phased manner actions, requirements, requests, or pending promotions that have been filed before and after the publication of accord A/004/2023. Therefore, only according to deadlines and legal terms considering the order of priority.

Our Firm will be happy to discuss in detail how this Accord may impact your procedures at CRE, as well as provide you a potential legal analysis and customized strategies for your business.


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