Question & AnswerQ&A (EXECUTIVE ORDER NO. 26)
The main purpose of Executive Order No. 26 is to amend the penalties provision of Executive Order No. 24, allowing cases of violation of the maximum selling prices to be handled by Justice of the Peace courts and specifying the penalties for such violations.
Executive Order No. 26 amends Executive Order No. 24 of November 6, 1944.
Executive Order No. 24 fixed the maximum selling prices of certain articles of prime necessity and promulgated rules and regulations for the enforcement thereof.
Any person, firm, or corporation who sells any article at prices exceeding the maximum selling prices shall be subject to imprisonment of not more than six (6) months, or a fine of not more than two hundred (P200) pesos, or both.
Cases of violation can be handled by the Justice of the Peace courts.
Executive Order No. 26 covers any person, firm, or corporation that violates the maximum selling prices.
The maximum imprisonment penalty is six (6) months.
The maximum fine is two hundred pesos (P200).
The Executive Order refers to certain articles of prime necessity.