Title
Amending penalties for price violations
Law
Executive Order No. 26
Decision Date
Nov 21, 1944
Executive Order No. 26 amends penalties for violations of maximum selling prices on essential goods, allowing justice of the Peace courts to impose up to six months of imprisonment or a fine of up to 200 pesos for offenders.
A

Amendment on Penalties for Price Ceiling Violations

  • The amendment specifically revises the penalty provision for violations related to selling above the prescribed maximum prices.
  • It provides that violators shall be subject to:
    • Imprisonment of up to six (6) months,
    • A fine not exceeding two hundred pesos (₱200), or
    • Both imprisonment and fine.

Enforcement Jurisdiction

  • The revised penalty provisions allow cases to be handled by Justice of the Peace courts.
  • This ensures more accessible and efficient adjudication of violations concerning price ceilings.

Legal Formalities

  • The Executive Order was signed by the President of the Philippines,
  • It also bears the signature of the Secretary to the President,
  • The date of enactment is November 21, 1944,
  • It was promulgated during the Commonwealth period of the Philippines.

Important Legal Concepts

  • Price ceilings as a regulatory measure to control the cost of prime necessities.
  • Judicial authority delegated to lower courts for improved enforcement.
  • Specified penalties serve as deterrents against profiteering or overpricing essential goods.

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