Question & AnswerQ&A (Republic Act No. 1196)
The primary purpose of Republic Act No. 1196 is to amend Republic Act No. 911 by inserting a new section (Section 18-A) which empowers the President to change rates of import duty under specific conditions.
Section 18-A authorizes the President, upon investigation and recommendation by the Tariff Commission, to decrease import duty rates by up to 60% or increase them by up to ten times when necessary for the national economy, general welfare, or national defense.
The Tariff Commission must conduct an investigation and make a recommendation before the President can modify import duty rates.
The President can decrease import duty rates by not more than 60 percent.
The President can increase import duty rates by not more than ten times the previously established rates.
Changes may be made if, in the President's judgment, the modification is necessary in the interest of the national economy, general welfare, or national defense.
The rates are effective until modified by Congress.
Yes, Section 18-A states that its provisions apply notwithstanding other provisions of the Act to the contrary.
The authority expires on December 31, 1955.
The Act took effect upon its approval on August 25, 1954.