Question & AnswerQ&A (Commonwealth Act No. 65)
Commonwealth Act No. 65 declares that Public Act Numbered 521, known as the "Carriage of Goods by Sea Act," enacted by the U.S. Congress, is accepted and made applicable to contracts for the carriage of goods by sea to and from Philippine ports in foreign trade.
Commonwealth Act No. 65 was approved on October 22, 1936.
It adopts Public Act Numbered 521 of the Seventy-fourth Congress of the United States, known as the "Carriage of Goods by Sea Act.".
The purpose is to bring about uniformity in ocean bills of lading and to give effect to the Brussels Treaty, which was signed by the U.S. with other powers, and to align with modern maritime rules and practices of major shipping countries.
No, the Act explicitly states that nothing in it shall be construed as repealing any existing provision of the Code of Commerce currently in force or limiting its application.
It applies to all contracts for the carriage of goods by sea to and from Philippine ports in foreign trade.
It seeks 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 directly affected by the legislation expressed this desire.
No, the Act specifically applies to carriage of goods by sea in foreign trade to and from Philippine ports.
The Act takes effect upon its approval.