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. 83Authorizing 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)
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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
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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
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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