Further Amending Presidential Decree No. 333, DatedNovember 26, 1973, As Amended By Presidential Decree Nos. 343 And 368
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Further Amending Presidential Decree No. 333, DatedNovember 26, 1973, As Amended By Presidential Decree Nos. 343 And 368
Presidential Decree No. 416
March 19, 1974
Case Overview and Summary
Presidential Decree No. 416Amending Presidential Decree No. 333, as amended by Presidential Decrees No. 343 and 368
• Allows the importation of the following products free from customs duties until June 30, 1974, unless sooner terminated by the President: (Section 1)
- Kerosene
- Diesels
- Liquified petroleum gas
- Fuel oil
- Aviation-turbo fuel
- Aviation gas
- Other processed products as determined by the President upon certification of the Philippine National Oil Industry Commission.
• This decree takes effect immediately. (Section 2)
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Executive Issuances
Presidential Decrees
Presidential Decree No. 416
Amending Presidential Decree No. 333
Amending Presidential Decree No. 343
Amending Presidential Decree No. 368
Importation
Customs duties exemption
Kerosene
Diesels
Liquified petroleum gas
Fuel oil
Aviation-turbo fuel
Aviation gas
Processed products
Philippine National Oil Industry Commission
June 30, 1974
Termination by the President
Law
Further Amending Presidential Decree No. 333, DatedNovember 26, 1973, As Amended By Presidential Decree Nos. 343 And 368
Presidential Decree No. 416
•March 19, 1974
MALACAÑANGM a n i l a
PRESIDENTIAL DECREE No. 416 March 19, 1974
FURTHER AMENDING PRESIDENTIAL DECREE NO. 333, DATED NOVEMBER 26, 1973, AS AMENDED BY PRESIDENTIAL DECREE NOS. 343 AND 368
As an emergency measure against the current international oil crisis, I, FERDINAND E. MARCOS, President of the Philippines by virtue of the powers in me vested by the Constitution as Commander-in-Chief of the Armed Forces of the Philippines, and pursuant to Proclamation No. 1081 dated September 21, 1972, and General Order No. 1 dated September 22, 1972, as amended, do hereby order, decree and amend Presidential Decree No. 333, as amended by Presidential Decree No. 343 and Presidential Decree No. 368, as follows:
Section 1. Section 1 is hereby amended as follows:
"Sec. 1. Any provision of existing law, executive or administrative order, or rule or regulation to the contrary notwithstanding, the importation, free from customs duties, or kerosene, diesels, liquified petroleum gas, fuel oil, aviation-turbo fuel, aviation gas, and other processed products as may be determined by the President upon certification of...
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