Increasing the Price Ceilings For Sugar in the National Capital Region

EXECUTIVE ORDER NO. 440 December 19, 1990

INCREASING THE PRICE CEILINGS FOR SUGAR IN THE NATIONAL CAPITAL REGION

Pursuant to the powers vested in me by law, I, CORAZON C. AQUINO, President of the Philippines, do hereby order:

Sec. 1. Section 2(3) of Executive Order No. 423, Series of 1990, is hereby amended to read as follows:

"Sec. 2. The prime commodities and their respective price ceilings are hereby set as follows:

Commodity Price Ceiling

3. Sugar Refined (Inclusive of 10% VAT) P16.60/Kilo

Brown (VAT Exempt) 12.00/Kilo

xxx xxx xxx

Sec. 2. The price-ceilings of other-commodities provided in Executive Order No. 423, Series of 1990, as well as the price ceilings provided above shall remain in full force and effect until revoked.

Sec. 3. This Executive Order shall take effect immediately upon publication in a national newspaper of general circulation.

DONE in the City of Manila, this 19th day of December, in the year of Our Lord, nineteen hundred and ninety....

Login to see full content

Summary of Executive Order No. 440

Price Ceilings for Sugar in the National Capital Region
- Amends Section 2(3) of Executive Order No. 423, Series of 1990 to set new price ceilings for sugar. (Section 1)
- Price ceilings for sugar:
    - Refined sugar (inclusive of 10% VAT): P16.60/Kilo (Section 2(3))
    - Brown sugar (VAT exempt): P12.00/Kilo (Section 2(3))
- The price ceilings set in Executive Order No. 423, Series of 1990, and the new price ceilings for sugar shall remain in full force and effect until revoked. (Section 2)
- The Executive Order shall take effect immediately upon publication in a national newspaper of general circulation. (Section 3)