Amend R.A. 6173: Oil Import Compensation

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PRESIDENTIAL DECREE NO. 429-A: Amend R.A. 6173: Oil Import Compensation

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Title Source: Supreme Court: Amend R.A. 6173: Oil Import Compensation

Law: Presidential Decree No. 429-a

Decision Date: Apr 6, 1974

An amendment to Republic Act 6173 grants the Oil Commission authority to authorize importation of crude oil and petroleum products to address shortages and stabilize prices, while allowing importers to recover their costs.

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