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Political Constitution of Colombia (1991)

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Political Constitution of Colombia (1991). Official Spanish from SUIN-Juriscol. English from Constitute Project / Max Planck, cutoff 2015 — not a gazette.

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Official sourceConstitución Política de Colombia (1991)

Art. 336

Art. 336

No monopoly may be established except through the free play of the marketplace and to promote the public or social interest and in accordance with applicable statute.

An Act which establishes a monopoly may not be applied before those individuals, who by virtue of it must relinquish the pursuit of a legal economic activity, are fully indemnified.

The organization, administration, control, and exploitation of financial monopolies shall be subjected to a specific regime, determined by an Act of government initiative.

Revenues obtained in the exercise of the monopolies of games of chance shall be earmarked exclusively to the public health services.

Revenues obtained in the exercise of the liquor monopoly shall be earmarked on a preferential basis to the health and educational services.

Tax evasion with respect to revenues originating from financial monopolies shall be sanctioned as a crime within the limits established by statute.

The government shall sell or liquidate the monopolistic enterprises of the State and transfer to third parties the exploitation of their operation when the requirements of efficiency are not met within the limits established by statute.

In all cases the rights acquired by the workers shall be respected.

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For reference only. Colombian law changes; confirm the current official text before acting.