Authorizing Philippine Veterans Bank To Operate A Commissary And PX Facilities For Veterans, Their Widows And Orphans, And Members Of The AFP And Their Dependents

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Authorizing Philippine Veterans Bank To Operate A Commissary And PX Facilities For Veterans, Their Widows And Orphans, And Members Of The AFP And Their Dependents

Presidential Decree No. 83

December 20, 1972

Case Overview and Summary

Summary of Presidential Decree No. 83

Authorizing Philippine Veterans Bank to Operate Commissary and PX Facilities
- Authorizes the Philippine Veterans Bank to operate a commissary and PX facilities for the following beneficiaries:
• Veterans of the Philippines in World War II, their widows and orphans
• Members of the Armed Forces of the Philippines (AFP) and their dependents

Funding and Tax Exemptions
• The Philippine Veterans Bank is ordered to set aside P5,000,000.00 for the operation and maintenance of the commissary and PX facilities. (Section 2)
• All purchases from local sources, manufacturers, suppliers, and producers of commodities or items to be sold by the commissary shall be free of all taxes, duties, and other charges. (Section 3)

Regulatory Authority
• The Chief of Staff of the AFP, with the approval of the Secretary of National Defense, is authorized to promulgate rules and regulations to carry out the provisions of this decree. (Section 4)

Amends

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Executive Issuances

Presidential Decrees

Philippine Veterans Bank

Commissary

PX Facilities

Veterans

World War II

Widows

Orphans

Armed Forces of the Philippines

Dependents

Tax Exemptions

Funding

Rules and Regulations

Law

Authorizing Philippine Veterans Bank To Operate A Commissary And PX Facilities For Veterans, Their Widows And Orphans, And Members Of The AFP And Their Dependents

Presidential Decree No. 83

December 20, 1972

MALACAÑANGM a n i l a PRESIDENTIAL DECREE No. 83 December 20, 1972 AUTHORIZING PHILIPPINE VETERANS BANK TO OPERATE A COMMISSARY AND PX FACILITIES FOR VETERANS, THEIR WIDOWS AND ORPHANS, AND MEMBERS OF THE AFP AND THEIR DEPENDENTS WHEREAS, pursuant to Proclamation No. 1081, dated September 21, 1972, martial law is in effect throughout the land; WHEREAS, in order to extend further assistance to the Veterans of the Philippines in World War II, and their widows and orphans, as well as to the members of the Armed Forces of the Philippines (who are now carrying the greater part of the burden of suppressing the activities of groups of men actively engaged in a criminal conspiracy to seize political and state powers in the Philippines and of eradicating widespread lawlessness, anarchy, disorder and wanton destruction of lives and property) and their dependents, I ordered the Philippine Veterans Bank to set aside the sum of five million pesos (P5,000,000.00) in Letter of Instruction No. 31, October 23, 1972, as amended, for the operation and maintenance of a...
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Authorizing Philippine Veterans Bank To Operate A Commissary And PX Facilities For Veterans, Their Widows And Orphans, And Members Of The AFP And Their Dependents

Amends

n/a

Amended by

n/a

Tags

Executive Issuances

Presidential Decrees

Philippine Veterans Bank

Commissary

PX Facilities

Veterans

World War II

Widows

Orphans

Armed Forces of the Philippines

Dependents

Tax Exemptions

Funding

Rules and Regulations

MALACAÑANGM a n i l a PRESIDENTIAL DECREE No. 83 December 20, 1972 AUTHORIZING PHILIPPINE VETERANS BANK TO OPERATE A COMMISSARY AND PX FACILITIES FOR VETERANS, THEIR WIDOWS AND ORPHANS, AND MEMBERS OF THE AFP AND THEIR DEPENDENTS WHEREAS, pursuant to Proclamation No. 1081, dated September 21, 1972, martial law is in effect throughout the land; WHEREAS, in order to extend further assistance to the Veterans of the Philippines in World War II, and their widows and orphans, as well as to the members of the Armed Forces of the Philippines (who are now carrying the greater part of the burden of suppressing the activities of groups of men actively engaged in a criminal conspiracy to seize political and state powers in the Philippines and of eradicating widespread lawlessness, anarchy, disorder and wanton destruction of lives and property) and their dependents, I ordered the Philippine Veterans Bank to set aside the sum of five million pesos (P5,000,000.00) in Letter of Instruction No. 31, October 23, 1972, as amended, for the operation and maintenance of a...
Login to see full content

Authorizing Philippine Veterans Bank To Operate A Commissary And PX Facilities For Veterans, Their Widows And Orphans, And Members Of The AFP And Their Dependents