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Reducing During A Certain Period the Import Duty on Husked Non-Glutinous Rice from 5 To 4 Centavos Per Kilo
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Reducing During A Certain Period the Import Duty on Husked Non-Glutinous Rice from 5 To 4 Centavos Per Kilo
Proclamation No. 418
July 10, 1939
Case Overview and Summary
Proclamation No. 418Reducing Import Duty on Husked Non-Glutinous Rice
- Import duty on husked non-glutinous rice is reduced from 5 centavos per kilo to 4 centavos per kilo (2 dollars or 4 pesos for every 100 kilos, gross weight).
- This reduction is effective from the date of the proclamation (July 13, 1939) up to July 14, 1939.
- The reduction is implemented to control the price of rice within reasonable levels due to crop shortage and rising prices of native rice, without harming the interests of palay producers.
- The reduction is intended to benefit the public, particularly the consumers.
- The legal basis for the reduction is the powers conferred upon the President by the Constitution and Section 3 of Act No. 3918, entitled "An Act amending paragraphs two hundred and fifteen and two hundred and seventeen of the Act of Congress of August fifth, nineteen hundred and nine," upon recommendation of the Secretary of Finance.
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Executive Issuances
Proclamations
import duty
husked non-glutinous rice
crop shortage
rice prices
palay producers
consumers
proclamation
President of the Philippines
Constitution
Act No. 3918
Secretary of Finance
Law
Reducing During A Certain Period the Import Duty on Husked Non-Glutinous Rice from 5 To 4 Centavos Per Kilo
Proclamation No. 418
•July 10, 1939
MALACAÑANG PALACEManila
BY THE PRESIDENT OF THE PHILIPPINES
Proclamation No. 418
REDUCING DURING A CERTAIN PERIOD THE IMPORT DUTY ON HUSKED NON-GLUTINOUS RICE FROM 5 TO 4 CENTAVOS PER KILO.
Having found after due investigation that, because of the crop shortage, the prevailing price of native rice has risen to higher levels which, if not checked at once, may bring distress to the people; and considering that a reasonable reduction in the duty now being levied on imported rice will make it possible to control the price of rice within reasonable levels, without harming the interests of palay producers; and as such a reduction will redound to the benefit of the public, particularly the consumers, I, Manuel L. Quezon, President of the Philippines, by virtue of the powers conferred upon me by the Constitution and by section three of Act Numbered Thirty-nine hundred and eighteen entitled "An Act amending paragraphs two hundred and fifteen and two hundred and seventeen of the Act of Congress of August fifth, nineteen hundred and nine," and upon recommendation of...
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Amends
n/a
Amended by
n/a
Tags
Executive Issuances
Proclamations
import duty
husked non-glutinous rice
crop shortage
rice prices
palay producers
consumers
proclamation
President of the Philippines
Constitution
Act No. 3918
Secretary of Finance
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