QuestionsQuestions (Republic Act No. 1074)
Republic Act No. 1074 (approved June 12, 1954) amends Republic Act No. 71. Its purpose is to require price tags or labels on all articles of commerce offered for sale at retail, and to penalize violations of that requirement.
RA 1074 amended Republic Act No. 71, which required price tags or labels to be affixed on articles of commerce offered for sale at retail, and penalized violations.
All articles of commerce and trade offered for sale to the public at retail must be publicly displayed with appropriate tags or labels indicating the price of each article, and the articles must be sold uniformly and without discrimination at the stated price.
It means that once an item is displayed with a stated price tag/label, the retailer must sell that item at that same price to all customers (no different pricing for different buyers for the same tagged item).
The law applies to articles of commerce and trade offered for sale to the public at retail; therefore, retailers (or sellers engaging in retail sales to the public) must comply.
Lumber dealers must tag or label lumber offered for sale to the public by indicating (1) the price and (2) the corresponding official name of the wood so buyers can distinguish one species from the others.
It enables buyers to distinguish one species of wood from others; legally, it creates an additional labeling requirement beyond price—species identification through the official name.
Yes. The Secretary of Commerce and Industry may, upon recommendation of the Director of Commerce, exempt from time to time certain articles of commerce and trade or certain classes of establishments.
The Director of Commerce must recommend exemptions, and then the Secretary of Commerce and Industry may grant them based on that recommendation.
It requires both: (1) price tags/labels indicating the price, and (2) uniform, non-discriminatory selling at the stated price.
Such conduct would violate the requirement that items “shall be sold uniformly and without discriminations at the stated price,” i.e., discriminatory pricing despite the posted label.
RA 1074 rewrites Section 1 of RA 71 to include (1) the emphasis on uniform non-discriminatory sale at stated price, (2) a special lumber-labeling requirement including official wood names, and (3) an express exemption authority and regulatory rule-making power for the Secretary.
RA 1074 takes effect upon its approval, per Section 2.
The first proviso is not met. The dealer must indicate not only the price but also the corresponding official name of the wood.
The articles of commerce and trade themselves must be publicly displayed with appropriate tags or labels indicating the price of each article.
It allows the Secretary of Commerce and Industry, upon recommendation of the Director of Commerce, to exempt certain articles or classes of establishments from the law’s provisions “from time to time,” which can relieve specified businesses from compliance depending on the exemptions issued.