{ tooltip = 'Copied'; setTimeout(() => tooltip = 'Copy Link', 2000); })" :data-tip="tooltip" class="tooltip tooltip-primary tooltip-bottom" class="cursor-pointer" role="button">
Re: Retail Trade Law
Download as PDF
Download as Word
Highlights
New
Collections
Create a New Collection
Overview
Full Text
{ tooltip = 'Copied'; setTimeout(() => tooltip = 'Copy Link', 2000); })" :data-tip="tooltip" class="tooltip tooltip-primary tooltip-bottom" class="cursor-pointer" role="button">
Details
Case
Agency Issuance Number
Published Date
Re: Retail Trade Law
SEC-OGC Opinion No. 61-19
December 5, 2019
Tags
Securities and Exchange Commission
SEC Opinions
Corporate
Re: Retail Trade Law
SEC-OGC Opinion No. 61-19
•December 5, 2019
December 5, 2019SEC-OGC OPINION NO. 61-19RE: RETAIL TRADE LAWJonathan ChenKYMCO Philippines, Inc.Sta. Maria Industrial EstateMañalac Avenue, Cor. Sta. Maria DriveBagumbayan, Taguig CityDear Mr. Chen :This refers to your letter dated 4 October 2019 seeking confirmation from the Commission that the activities of KYMCO Philippines, Inc. (KPI) fall outside the coverage of Republic Act No. 8762, otherwise known as the "Retail Trade Liberalization Act of 2000 (Retail Trade Law)." In your letter, you mentioned that KPI maintains and operates three (3) service centers providing regular maintenance and/or repair services on motorbikes. You also mentioned that KPI plans to sell: 1) spare parts and other materials reasonably necessary for the performance of the repair services, which will be sold only when needed to fully perform the required services; 2) motorbikes to the general public by setting up a single sales outlet at the existing service center located in its principal office, where said vehicles are assembled; 3) motorbikes to the Government and its agencies; 4) motorbikes in wholesale to industrial/entity users (fleet sales) that use motorbikes for...
Login to see full content
Tags
Securities and Exchange Commission
SEC Opinions
showFlash = false, 6000)"
>