Question & AnswerQ&A (Commonwealth Act No. 65)
The main purpose of Commonwealth Act No. 65 is to accept and apply the provisions of the Carriage of Goods by Sea Act (Public Act No. 521 of the 74th Congress of the United States) to all contracts for the carriage of goods by sea to and from Philippine ports in foreign trade.
It adopts Public Act Numbered 521, known as the Carriage of Goods by Sea Act, enacted by the 74th Congress of the United States.
It was approved on October 22, 1936.
It applies to all contracts for the carriage of goods by sea to and from Philippine ports in foreign trade.
No, the Act explicitly provides that it shall not be construed as repealing any existing provision of the Code of Commerce or limiting its application.
It is intended to give effect to the Brussels Treaty signed by the United States with other powers.
Shipping companies, shippers, marine insurance companies, and various chambers of commerce.
The Act contains advanced legislation that is aligned with modern maritime rules and practices of major shipping countries in the world, aiming to bring uniformity in ocean bills of lading.
The Carriage of Goods by Sea Act took effect in the Philippines upon the approval of Commonwealth Act No. 65 on October 22, 1936.
Its scope covers the carriage of goods by sea in foreign trade specifically to and from Philippine ports.