Amending Section Three Of Republic Act Numbered Four Thousand Five Hundred Sixty-Nine, As Amended By Republic Act Numbered Four Thousand Eight Hundred Eighty-Three And Further Amended By P.

MALACAÑANG
M a n i l a

PRESIDENTIAL DECREE No. 795 September 4, 1975

AMENDING SECTION THREE OF REPUBLIC ACT NUMBERED FOUR THOUSAND FIVE HUNDRED SIXTY-NINE, AS AMENDED BY REPUBLIC ACT NUMBERED FOUR THOUSAND EIGHT HUNDRED EIGHTY-THREE AND FURTHER AMENDED BY PRESIDENTIAL DECREE NUMBERED NINETEEN

WHEREAS, Section 3 of Republic Act No. 4569 provides that no newspaper shall charge more than three pesos per column inch nor less than two pesos and fifty centavos per column inch for the publication of judicial notices, advertisement or public bidding, notices of auction sales and other similar notices;

WHEREAS, said rate which was fixed ten years ago no longer holds true today, considering the prohibited cost of paper, ink and other printing materials, labor and other operational expenses;

WHEREAS, the increase of this existing rate is necessary to enable newspapers and other periodicals to continue in their task of disseminating news to the people;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers in me vested by the...

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Summary of Presidential Decree No. 795

Amending the Rates for Publication of Judicial Notices and Advertisements in Newspapers and Periodicals

- Increases the minimum rate for publication of judicial notices, advertisements, public bidding notices, auction sale notices, and other similar notices in newspapers and periodicals from PHP 2.50 per column inch to PHP 10.00 per column inch. (Section 1)
- Sets the maximum rate at 80% of the regular commercial display advertising rates of the newspaper or periodical. (Section 1)
- Repeals or modifies all laws, decrees, acts, rules, and regulations inconsistent with this decree. (Section 2)