MALACAÑANG
M a n i l aPRESIDENTIAL DECREE No. 1976
FURTHER AMENDING REPUBLIC ACT NUMBERED ELEVEN HUNDRED THIRTY-FIVE ENTITLED, "AN ACT ESTABLISHING THE PHILIPPINE TOBACCO ADMINISTRATION, DEFINING ITS OBJECTIVES, POWERS AND FUNCTIONS, AND FOR OTHER PURPOSES," AS AMENDED
WHEREAS, there is a need to revitalize the tobacco industry by further improving its financing program through the Philippine Tobacco Administration.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution and Presidential Decree No. 1416, as amended, do hereby order and decree the following:
Section 1. Section fifteen of Republic Act Numbered Eleven Hundred Thirty-Five, as amended, is hereby further amended to read as follows:
"Sec. 15. Funding. To carry out the purposes of this Act, there is hereby created a special fund to be known as the Cigar Tobacco Industry Promotion and Market Stabilization Fund which shall consist of an amount equivalent to two and one-fourth per centum of the annual gross collection from specific taxes on locally manufactured...
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Further Amending Republic Act Numbered Eleven Hundred Thirty-Five Entitled, "An Act Establishing The Philippine Tobacco Administration, Defining Its Objectives, Powers And Functions, And Fo
Presidential Decree No. 1976
