The Telecommunications Market Commission, an independent Public Body that regulates national electronic communications and audiovisual services markets, was created by Royal Decree-Act 6/1996, of June 7, 1996 (Liberalisation of Telecommunications). That Royal Decree-Act was homologated through Act 12/1997, of April 24, 1997 (Liberalisation of Telecommunications) by which the functions originally attributed to the Telecommunications Market Commission were extended and defined, and a new composition of the Council was determined to exercise those functions.