Question & AnswerQ&A (Republic Act No. 76)
The main purpose of Republic Act No. 774 is to repeal laws or provisions of laws granting rights, privileges, or exemptions to American citizens, corporations, and associations unless such rights are already vested under the Constitution or extended by treaty, agreement, or convention with the United States of America.
American citizens, corporations, and associations organized under the laws of any of the states of the United States of America are specifically affected by the provisions of RA No. 774.
No, RA No. 774 only repeals laws or provisions granting privileges or rights to American citizens or their corporations/associations if such privileges are not enjoyed by citizens or nationals of other foreign states.
No, rights already vested under the provisions of the Philippine Constitution are not repealed or affected by RA No. 774.
Yes, rights extended by any treaty, agreement or convention between the Republic of the Philippines and the United States of America are preserved despite RA No. 774.
Republic Act No. 774 took effect upon its approval on October 21, 1946.
RA No. 774 repeals existing laws or provisions of laws that grant privileges, rights or exemptions to American citizens or their corporations/associations that are not equally enjoyed by other foreign nationals or their corporations/associations.
No, Republic Act No. 774 does not specify any penalties or sanctions for violations in its text.
Corporations or associations organized under the laws of any state of the United States of America that enjoy privileges not shared by similar entities from other foreign states will have those privileges repealed unless constitutionally or treaty protected.
RA No. 774 was enacted to assert Philippine sovereignty by eliminating special rights or privileges that gave undue favor to American citizens and entities, except those constitutionally or treaty-protected, thereby establishing equality with other foreign nationals.