Title
Presidential power to adjust tariffs 1954
Law
Republic Act No. 1196
Decision Date
Aug 25, 1954
The amendment to Republic Act No. 911 grants the President of the Philippines the power to adjust import duty rates in the interest of the national economy, general welfare, and national defense, with prior investigation and recommendation by the commission, until December 31, 1955.
A

Conditions and Limitations on the Exercise of Power

  • Tariff adjustments must serve the interest of national economy, general welfare, and national defense.
  • Any changes made by the President shall remain effective unless modified by Congress.
  • The authorization for the President to adjust tariffs is temporary and will expire on December 31, 1955.

Legal and Procedural Context

  • The authority is contingent upon a prior investigation and recommendation from the Tariff Commission.
  • This provision was inserted as Section 18-A between Sections 18 and 19 of Republic Act No. 911.

Effectivity of the Act

  • The amendment takes effect immediately upon approval, which was on August 25, 1954.

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