Regulation of Imports and Import Quotas Act

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Republic Act No. 426: Regulation of Imports and Import Quotas Act

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Title Supreme Court: Regulation of Imports and Import Quotas Act

Law: Republic Act No. 426

Decision Date: May 19, 1950

The Import Control Board, established under this act, regulates import quotas and licenses to manage the entry of goods into the country, prioritizing essential and prime imports while restricting non-essential and luxury items to promote local production and conserve foreign exchange.

import regulation

import quota

import license

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