Temporarily Lifting the Provisions of Section 514, Title III, Book I of Republic Act No. 1937, as Amended, and Those of Executive Order No. 425, Series of 1974, With Respect to Wood Products
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Temporarily Lifting the Provisions of Section 514, Title III, Book I of Republic Act No. 1937, as Amended, and Those of Executive Order No. 425, Series of 1974, With Respect to Wood Products
Executive Order No. 434
October 2, 1974
Case Overview and Summary
Temporarily Lifting the Provisions of Section 514, Title III, Book I of Republic Act No. 1937, as Amended, and Those of Executive Order No. 425, Series of 1974, with Respect to Wood Products- Notwithstanding any law, decree, executive order, rules and regulations to the contrary, the following provisions are temporarily lifted:
• Section 514, Title III, Book I of Republic Act No. 1937, as amended, fixing the basic rate of export duties and collecting the same from the F.O.B. value of wood products. (Sec. 1)
• Executive Order No. 425, series of 1974, levying, assessing and collecting a premium duty on the difference between the current price and the base price of the same commodities. (Sec. 1)
- The President of the Philippines may later restore the lifted provisions, as the circumstances may warrant, upon the recommendation of the National Economic and Development Authority. (Sec. 1)
- This Order shall take effect and shall be implemented immediately. (Sec. 2)
Amends
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Executive Issuances
Executive Orders
export duties
wood products
premium duty
current price
base price
National Economic and Development Authority
Republic Act No. 1937
Executive Order No. 425
Law
Temporarily Lifting the Provisions of Section 514, Title III, Book I of Republic Act No. 1937, as Amended, and Those of Executive Order No. 425, Series of 1974, With Respect to Wood Products
Executive Order No. 434
•October 2, 1974
EXECUTIVE ORDER NO. 434 October 2, 1974
TEMPORARILY LIFTING THE PROVISIONS OF SECTION 514, TITLE III, BOOK I OF REPUBLIC ACT NO. 1937, AS AMENDED, AND THOSE OF EXECUTIVE ORDER NO. 425, SERIES OF 1974, WITH RESPECT TO WOOD PRODUCTS
Pursuant to the powers vested in me by Section 515, entitled: "Flexible Clause", of Republic Act No. 1937, as amended by Presidential Decree No. 230, I, FERDINAND E. MARCOS, President of the Philippines, do hereby direct and order that:
Sec. 1. Any provision of law, decree, executive order, rules and regulations to the contrary, notwithstanding, the provisions of Section 514, Title III, Book I of Republic Act No. 1937, as amended, fixing the basic rate of export duties and collecting the same from the F.O.B. value of wood products, as well as those of Executive Order No. 425, series of 1974, Levying, assessing and collecting a premium duty on the difference between the current price and the base price of the same commodities, are hereby temporarily lifted: Provided, that said provisions may later on be...
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Amends
n/a
Amended by
n/a
Tags
Executive Issuances
Executive Orders
export duties
wood products
premium duty
current price
base price
National Economic and Development Authority
Republic Act No. 1937
Executive Order No. 425
EXECUTIVE ORDER NO. 434 October 2, 1974
TEMPORARILY LIFTING THE PROVISIONS OF SECTION 514, TITLE III, BOOK I OF REPUBLIC ACT NO. 1937, AS AMENDED, AND THOSE OF EXECUTIVE ORDER NO. 425, SERIES OF 1974, WITH RESPECT TO WOOD PRODUCTS
Pursuant to the powers vested in me by Section 515, entitled: "Flexible Clause", of Republic Act No. 1937, as amended by Presidential Decree No. 230, I, FERDINAND E. MARCOS, President of the Philippines, do hereby direct and order that:
Sec. 1. Any provision of law, decree, executive order, rules and regulations to the contrary, notwithstanding, the provisions of Section 514, Title III, Book I of Republic Act No. 1937, as amended, fixing the basic rate of export duties and collecting the same from the F.O.B. value of wood products, as well as those of Executive Order No. 425, series of 1974, Levying, assessing and collecting a premium duty on the difference between the current price and the base price of the same commodities, are hereby temporarily lifted: Provided, that said provisions may later on be...
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