Amendment to Sugar Price Regulation EO 390

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EXECUTIVE ORDER NO. 514: Amendment to Sugar Price Regulation EO 390

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Title Source: Supreme Court: Amendment to Sugar Price Regulation EO 390

Law: Executive Order No. 514

Decision Date: Jul 1, 1952

President Elpidio Quirino amends Executive Order No. 390 to allow an additional charge of P0.05 per kilo for sugar packed in cellophane, cotton, or equivalent quality bags, effective immediately.

Law Summary

Authority and Legal Basis

The authority for this amendment is derived from Section 3 of Republic Act No. 509.
Republic Act No. 509 declares a national policy empowering the President of the Philippines, for a limited period, to fix ceiling prices of commodities.
It also authorizes the promulgation of rules and regulations related to commodity prices to enforce this policy.
The Price Administration Board recommended the amendment.

Effectivity of the Order

This Executive Order takes effect immediately upon issuance.
The order was signed in the City of Manila on July 1, 1952.

Formalities and Signatories

The Order was signed by President Elpidio Quirino.
The Acting Executive Secretary, Marciano Roque, also attested to the signing.

Purpose and Scope

The purpose is to regulate the prices of sugar based on packaging.
It ensures that price adjustments reflect packaging costs by allowing a specific mark-up.
The amendment includes other bag types of equivalent quality to cellophane and cotton, broadening the scope of regulated packaging materials.

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