Identification and Publication of Prime and Essential Commodities and Price Ceilings
- Prime and essential commodities subject to price ceilings are determined by Emergency Task Forces consisting of government and private sector representatives.
- Price ceilings recommended by the Task Forces must be approved by the Secretary of Trade and Industry.
- Approved price ceilings are to be published in local newspapers within affected areas for enforcement.
Authority to Review and Adjust Price Ceilings
- The Secretary of Trade and Industry may review, adjust, or revise price ceilings on prime commodities as deemed necessary.
Implementation and Penalties
- The Department of Trade and Industry (DTI) is directed to implement the Executive Order.
- Penalties provided under Executive Order No. 913, Series of 1983, apply for violations.
- Criminal and civil prosecutions under applicable laws are not precluded.
Enforcement and Deputization of Agencies
- The DTI is authorized to mobilize and deputize government agencies, including local governments, Philippine Constabulary/Integrated National Police, and other law enforcement agencies.
- This aims to ensure strict enforcement of the provisions of the Executive Order.
Specific Provisions on Rice Price Ceilings
- Nationwide price ceilings on rice as provided in National Emergency Memorandum Order No. 29 remain effective except in the National Capital Region (NCR), where adjustments have been made.
- Additional transport and handling costs may be added upon review and approval by the Emergency Task Forces.
Effectivity and Duration of the Executive Order
- The Executive Order takes effect immediately upon its publication in a national newspaper of general circulation.
- It remains in force until formally revoked.