Legal Authority and Basis for Price Revision
- Price adjustments are made pursuant to Memorandum Circular No. 121 of the Office of the President directing all government entities to revise fees and charges to just, reasonable rates that cover administrative costs.
- The price revision complies with Department of Finance Order No. 66-90 dated November 29, 1990.
- This BFAR Administrative Order is issued under Section 65(s) of Republic Act No. 8550 (the Philippine Fisheries Code).
Repeal of Previous Orders
- All former administrative orders, including FAO No. 186, and existing price lists inconsistent with the current order are amended or repealed accordingly to prevent conflict or confusion.
Effectivity Clause
- The order shall take effect fifteen (15) days after its publication.
- Publication is required in two newspapers of general circulation for two consecutive weeks to ensure public notice and transparency.
Administrative Signatories
- Issued and signed by Edgardo J. Angara, Secretary of Agriculture.
- Recommended by Malcolm I. Sarmiento, Jr., Director of BFAR.
- Also signed by Cesar M. Drilon, Jr., Undersecretary for Fisheries and Chairman of the National Fisheries and Aquatic Resources Management Council (NFARMC).