Article 570 Federal Labor Law

The minimum wages shall be set each year and shall begin to govern on the first of January of the following year.

The minimum wages may be revised at any moment in the course of their validity provided that there exist economic circumstances that justify it:

I.At the initiative of the Secretary of Labor and Social Welfare who shall formulate to the President of the National Commission of Minimum Wages a written request that contains an exposition of the facts that motivate it; or

II.At the request of the labor unions, federations and confederations of employees or of the employers upon prior fulfillment of the following requirements:

a)The request must be presented to the Ministry of Labor and Social Welfare by the labor unions, federations and confederations that represent fifty-one percent of the unionized employees, at least, or by the employers that have in their service at least said Percentage of employees.

b)The request shall contain an exposition of the grounds that justify it and may be accompanied by the corresponding studies and documents.

c)The Secretary of Labor and Social Welfare, within the five days following the date on which he receives the corresponding request and upon prior certification of the majority referred to in subparagraph a) of this article, shall send it to the President of the National Commission of Minimum Wages with the studies and documents that accompany it.