I believe the ministry will be in place before the Enabling Act expires. Chavez exercised his executive privilege often before it was set to expire in 2001...

"After the May and July 2000 elections, Chávez backed the passage of the "Enabling Act" by the National Assembly. This act allowed Chávez to rule by decree for one year. In November 2001, shortly before the Enabling Act was set to expire, Chávez enacted a set of 49 decrees."