# Law No. 7335 of July 4, 1985

> Brazilian law

**Wikidata**: [Q105647761](https://www.wikidata.org/wiki/Q105647761)  
**Source**: https://4ort.xyz/entity/law-no-7335-of-july-4-1985

## Summary
Law No. 7335 of July 4, 1985 is a Brazilian federal statute that established the National Registry of Costs and Prices (RNCP) and reorganized the country's price control system. It was promulgated by President José Sarney and published in the Official Gazette of the Union on July 5, 1985. This law marked a significant shift in Brazil's economic policy during the transition from military rule to democracy.

## Key Facts
- **Official Name:** Law No. 7335 of July 4, 1985
- **Jurisdiction:** Federative Republic of Brazil
- **Publication Date:** July 5, 1985 (Official Gazette)
- **Legal Status:** Federal statute
- **Main Subject:** Price control and cost registry systems
- **Language:** Brazilian Portuguese
- **Citation Format:** Lei nº 7335, de 4 de julho de 1985

## FAQs
**What is Law No. 7335 of July 4, 1985?**
It's a Brazilian federal law that created the National Registry of Costs and Prices (RNCP) and redefined price control mechanisms. The law was part of economic reforms during Brazil's redemocratization period.

**What problem did this law solve?**
It addressed inflationary pressures by establishing a transparent cost registry system and reorganizing price control authorities. The law helped transition Brazil from military-era economic policies to more market-oriented approaches.

**How does this law affect Brazilian businesses?**
It requires companies to register costs and prices with federal authorities, ensuring compliance with national economic policies. The law applies to various sectors including industry, commerce, and services.

## Why It Matters
This legislation represents a crucial step in Brazil's economic modernization during the 1980s. It replaced previous price control systems with more transparent mechanisms, helping combat inflation while supporting the country's transition to democracy. The law's implementation influenced subsequent economic policies and remains relevant in understanding Brazil's price regulation framework.

## Notable For
- Establishing Brazil's first comprehensive cost registry system
- Reorganizing price control authorities during democratic transition
- Serving as a reference point for subsequent economic legislation
- Creating the National Registry of Costs and Prices (RNCP)

## Body
### Historical Context
Law No. 7335 was enacted during Brazil's Nova República period, following 21 years of military rule. President José Sarney signed the legislation as part of broader economic reforms aimed at controlling inflation, which reached 235% annually in 1985. The law replaced previous price control mechanisms established during the military regime.

### Legal Framework
The statute falls under Brazil's federal legislation system and is classified under economic law. It amended previous price control legislation while establishing new regulatory structures. The law's implementation involved multiple government agencies including the Ministry of Finance and price control authorities.

### Economic Impact
The legislation introduced standardized cost calculation methodologies across industries. It required businesses to maintain detailed records of production costs and profit margins, subject to federal verification. This transparency helped reduce price speculation and contributed to more stable economic conditions during Brazil's challenging inflationary period.

### Administrative Structure
Law No. 7335 created the National Registry of Costs and Prices (RNCP) as a centralized database managed by federal authorities. The registry collected information from various economic sectors, enabling more effective price monitoring and policy formulation. The system allowed for periodic adjustments based on verified cost data.

### Subsequent Developments
The law underwent several amendments through complementary legislation. It served as the foundation for Brazil's current price monitoring systems and influenced later economic stabilization plans like the Plano Real in 1994. The RNCP system evolved into modern price information mechanisms used by Brazilian regulatory agencies.

### International Context
Brazil's price control system under Law No. 7335 represented a hybrid approach compared to other economies. It combined elements of European-style administrative pricing with market-based mechanisms, reflecting Brazil's unique economic challenges during the 1980s debt crisis era.

### Technical Specifications
The legislation defined precise methodologies for cost calculation, including raw material costs, labor expenses, overhead, and profit margins. It established reporting requirements for businesses of different sizes and sectors, with specific provisions for essential goods and services.

### Implementation Challenges
Enforcement faced difficulties due to Brazil's large informal economy and administrative capacity limitations. The law required significant coordination between federal and state authorities, leading to variations in implementation across different regions of the country.

### Legacy and Relevance
While partially superseded by later legislation, Law No. 7335 established principles that continue to influence Brazilian price regulation policies. Its focus on cost transparency and administrative oversight remains relevant in contemporary economic governance discussions.

## References

1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1985-07-04;7335)
2. [Source](https://legislacao.presidencia.gov.br/atos?tipo=LEI&numero=7335&ano=1985&data=04/07/1985&ato=1a9gXQ65keBpWTb95)
3. LexML Brasil