Message-ID: <25848485.1075858719201.JavaMail.evans@thyme> Date: Thu, 6 Sep 2001 14:56:26 -0700 (PDT) From: jose.bestard@enron.com To: sergio.assad@enron.com Subject: Re: Good News in Brazilian Regulatory Environment Cc: orlando.gonzalez@enron.com, richard.shapiro@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: orlando.gonzalez@enron.com, richard.shapiro@enron.com X-From: Bestard, Jose X-To: Assad, Sergio X-cc: Gonzalez, Orlando , Shapiro, Richard X-bcc: X-Folder: \RSHAPIRO (Non-Privileged)\Shapiro, Richard\Deleted Items X-Origin: Shapiro-R X-FileName: RSHAPIRO (Non-Privileged).pst Sergio. Now we need to research how lasting this effect will be (given that the Congress is unlikely to pass this into a permanent law). In other words, the defenses against potential challenges. Current Scenario. The MP will have to be reissued every month New Scenario.- The MP has to be passed into law within (90-120 days?). No extensions The key question -- From the auditors perspective, will this be considered a reliablle solution? Jose Sergio Assad@ENRON 09/06/2001 12:32 PM To: Orlando Gonzalez/SA/Enron@Enron, Richard Shapiro/Enron@EnronXGate, John J Lavorato/Enron@EnronXGate, Britaldo Soares/SA/Enron@Enron, Joao Carlos Albuquerque/SA/Enron@Enron, Jose Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brett R Wiggs/SA/Enron@Enron, Remi Collonges/SA/Enron@Enron, James A Hughes/ENRON_DEVELOPMENT, Stanley Horton/Enron@EnronXGate, John Novak/SA/Enron@Enron, Michael Guerriero/SA/Enron@Enron cc: Subject: Good News in Brazilian Regulatory Environment The Federal Government just issue Medida Provisoria no. 2227 ( it has law effects) creating a legal environment to allow tracking account to cover costs included in Parcel A (non controllable costs). ANEEL is in charge of to rule all details of this recent mesure. It represents a reward to our efforts. LET's celebrate! Sergio Assad