Purpose of the Decree: Temporary Relief and Consumer Protection
- The decree aims to provide temporary relief from LPG supply pressures.
- It seeks to prevent unnecessary hardship and inconvenience for consumers.
- To achieve this, LPG imports are exempted from customs duties for a limited period.
Authorization for Duty-Free Importation of LPG
- All laws, rules, or regulations contrary to this decree are overridden.
- Persons or entities authorized by the Board of Energy may import LPG free of customs duties.
- This authorization applies for the duration of the 'critical period' or until local LPG prices are adjusted to reflect supply conditions.
Immediate Effectivity of the Decree
- The decree takes effect immediately upon issuance.
- It is enacted as an emergency measure under the constitutional powers vested in the President.