Revoking Executive Order No. 423, Series of 1990, as Amended
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Revoking Executive Order No. 423, Series of 1990, as Amended
Executive Order No. 456
April 30, 1991
Case Overview and Summary
Revoking Executive Order No. 423, Series of 1990, as Amended- Executive Order No. 423, Series of 1990, as amended, imposed price ceilings on certain prime and essential commodities, such as rice, milk, sugar, pork liempo, hard flour, chicken, and cooking oil, to prevent unreasonable price increases and protect consumers from unscrupulous trade practices. (Whereas clause)
- Executive Order No. 451, Series of 1991, lifted the price ceiling for rice, sugar, chicken, cooking oil, and hard flour. (Whereas clause)
- The supply and prices of the other prime and essential commodities have normalized and stabilized, making the continuous imposition of price controls unnecessary. (Whereas clause)
- Section 1: Executive Order No. 423, Series of 1990, as amended, is hereby revoked. (Sec. 1)
- Section 2: This Executive Order shall take effect immediately upon publication in a national newspaper of general circulation. (Sec. 2)
Amends
n/a
Amended by
n/a
Tags
Executive Issuances
Executive Orders
Executive Order
price ceilings
prime commodities
essential commodities
rice
milk
sugar
pork liempo
hard flour
chicken
cooking oil
unreasonable price increases
consumer protection
unscrupulous trade practices
supply normalization
price stabilization
revocation
publication
national newspaper
general circulation
Law
Revoking Executive Order No. 423, Series of 1990, as Amended
Executive Order No. 456
•April 30, 1991
EXECUTIVE ORDER NO. 456 April 30, 1991
REVOKING EXECUTIVE ORDER NO. 423, SERIES OF 1990, AS AMENDED
WHEREAS, price ceilings on certain prime and essential commodities, such as rice, milk, sugar, pork liempo, hard flour, chicken and cooking oil, was set under Executive Order No. 423, series of 1990, as amended, in order to prevent unreasonable increases on the prices thereof and to protect the consumers from unscrupulous trade practices;
WHEREAS, Executive Order No. 451, series of 1991, lifted the price ceiling for rice, sugar, chicken, cooking oil and hard flour;
WHEREAS, as the supply and the prices of the other prime and essential commodities have normalized and stabilized, the continuous impositions of price controls is no longer necessary;
NOW, I, CORAZON C. AQUINO, President of the Philippines, by virtue of the powers vested in me by law, do hereby order:
Sec. 1. Executive Order No. 423 series of 1991, as amended, is hereby revoked.
Sec. 2. This Executive Order shall take effect immediately upon publication in a national newspaper of general circulation.
DONE in...
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Amends
n/a
Amended by
n/a
Tags
Executive Issuances
Executive Orders
Executive Order
price ceilings
prime commodities
essential commodities
rice
milk
sugar
pork liempo
hard flour
chicken
cooking oil
unreasonable price increases
consumer protection
unscrupulous trade practices
supply normalization
price stabilization
revocation
publication
national newspaper
general circulation
EXECUTIVE ORDER NO. 456 April 30, 1991
REVOKING EXECUTIVE ORDER NO. 423, SERIES OF 1990, AS AMENDED
WHEREAS, price ceilings on certain prime and essential commodities, such as rice, milk, sugar, pork liempo, hard flour, chicken and cooking oil, was set under Executive Order No. 423, series of 1990, as amended, in order to prevent unreasonable increases on the prices thereof and to protect the consumers from unscrupulous trade practices;
WHEREAS, Executive Order No. 451, series of 1991, lifted the price ceiling for rice, sugar, chicken, cooking oil and hard flour;
WHEREAS, as the supply and the prices of the other prime and essential commodities have normalized and stabilized, the continuous impositions of price controls is no longer necessary;
NOW, I, CORAZON C. AQUINO, President of the Philippines, by virtue of the powers vested in me by law, do hereby order:
Sec. 1. Executive Order No. 423 series of 1991, as amended, is hereby revoked.
Sec. 2. This Executive Order shall take effect immediately upon publication in a national newspaper of general circulation.
DONE in...
Login to see full content