Ceiling Prices on Galvanized Iron and Aluminum Sheets

The President acts under powers granted by Section 3 of Republic Act No. 509, which authorizes the President, for a limited period, to fix ceiling prices of commodities and promulgate related rules and regulations.
Section 2 repeals Section 4 of Executive Order No. 448 (June 9, 1951) and Section 3 of Executive Order No. 440 (May 8, 1953).
The repeals in Section 2 are carried out by replacing the ceiling price schedules for galvanized iron sheets and aluminum sheets through Section 1.

The Executive Order establishes that specified essential commodities shall not be sold above the ceiling prices set in the Order.
Section 1 covers construction materials (imported) consisting of:
- Galvanized iron sheets identified by origin groups (“Japanese, Belgian and English”), gauge numbers, and sheet sizes; and
- Aluminum sheets grouped by origin/brand descriptors (“ALUMININ SHEETS (U. S. A.)” and “DURALMIN (ALUMINUM) SHEETS (JAPANESE)”).
The ceiling pricing rule applies to wholesalers and retailers.
The price schedules are provided by gauge and by specific dimensional size for corrugated and plain sheets.
The ceilings in Section 1 are stated alongside unit prices for each gauge/size combination.

Section 1 prohibits sale of each listed sheet product at more than the maximum selling prices for wholesalers and retailers.
Section 1 provides a ceiling price schedule for galvanized iron sheets (Japanese, Belgian and English) with unit ceilings listed by:
- Gauge No. (e.g., 30 x 32 x 3 x 6 corrugated, 30 x 32 x 3 x 7 corrugated, 28 x 32 x 3 x 10 corrugated, 26 x 36 x 3 x 8 plain, etc.), and
- Corresponding ceilings for Wholesaler’s Price and Retailer’s Price (both expressed in the currency format shown in the schedule).
Section 1 provides a ceiling price schedule for ALUMININ SHEETS (U. S. A.) with ceilings listed by gauge numbers (e.g., .016 x 26 x 3 x 6 corrugated, .016 x 26 x 3 x 7 corrugated, .016 x 26 x 3 x 12 corrugated, and .016 x 26 x 3 x 8 corrugated) and their corresponding wholesaler and retailer ceiling prices.
Section 1 provides a ceiling price schedule for DURALMIN (ALUMINUM) SHEETS (JAPANESE) with ceilings listed by gauge numbers (e.g., .019 x 26 x 3 x 6 corrugated, .019 x 26 x 3 x 7 corrugated, .019 x 26 x 3 x 10 corrugated, .019 x 26 x 3 x 12 corrugated, and .019 x 26 x 3 x 8 corrugated) and their corresponding wholesaler and retailer ceiling prices.
Section 3 confirms that the ceiling prices in Section 1 include defined taxes and charges.

Section 3 requires that the ceiling prices fixed in the Order include:
- 17% special excise tax on foreign exchange,
- 7% sales tax, and
- 1% municipal tax.
The inclusion rule in Section 3 governs the ceiling prices that wholesalers and retailers must observe under Section 1.

Section 2 repeals the earlier ceiling provisions by replacing them with the new ceiling schedules for galvanized iron sheets and aluminum sheets contained in Section 1.
Section 2 expressly repeals:
- Section 4 of Executive Order No. 448 dated June 9, 1951, and
- Section 3 of Executive Order No. 440 dated May 8, 1953.
The ceiling price schedule in Section 1 functions as the operative replacement for those repealed sections for the listed sheet products.

Section 4 makes the Executive Order effective three days after June 26, 1953.
Once effective, the prohibition in Section 1 applies to sales by wholesalers and retailers of the listed essential commodities at more than the ceiling prices.
The taxes included under Section 3 become part of the ceiling-price ceilings from the effectivity date under Section 4.