Law Summary
Introduction
Executive Order No. 332, issued on July 13, 1950, by President Elpidio Quirino, establishes maximum selling prices for various elementary and high school textbooks in the Philippines, as authorized by Republic Act No. 509.
Authority and Purpose
- Legal Basis: The order is executed under the authority of Section 3 of Republic Act No. 509, which allows the President to fix ceiling prices of commodities.
- Purpose: To regulate and stabilize textbook prices to ensure accessibility and affordability for educational materials in schools.
Maximum Selling Prices
- Establishment of Prices: The Executive Order details specific ceiling prices for both wholesalers and retailers for various textbooks categorized by grade levels.
- Categories: The textbooks are divided into two main categories: Elementary (Grades I-VI) and High School (First Year to Fourth Year).
- Specific Price Listings:
- Each textbook is listed with its corresponding maximum wholesale and retail prices.
- Example: For Grade I, "Correlated Handwriting, Teacher's Manual, No. 1" has a wholesale price of P0.55 and a retail ceiling price of P0.65.
Implementation
- Effective Date: This order takes effect immediately upon its promulgation.
- Promulgation Date: July 13, 1950, in Manila.
Compliance and Enforcement
- Responsibility: The Price Administration Board is tasked with monitoring compliance with the set prices.
- Consequences for Non-Compliance: While specific penalties for violations are not explicitly stated in this document, non-compliance could lead to legal repercussions under related price control laws.
Cross-References
- Related Legislation: The Executive Order references Republic Act No. 509, which provides the legislative framework for price control.
Key Takeaways
- Executive Order No. 332 regulates the maximum selling prices of textbooks in the Philippines.
- It categorizes textbooks by educational level, providing specific price ceilings for each.
- The order is effective immediately and emphasizes the need for compliance by wholesalers and retailers.
- The Price Administration Board is responsible for overseeing adherence to these prices, although specific penalties for violations are not detailed in the text.