WHEREAS,
the economic well-being of a major sector of the entire population
depends, to a large extent, on the viability of the coconut industry;chanroblesvirtualawlibrary
WHEREAS, in recognition of this economic reality, it is declared policy
of the State to promote the rapid integrated development and growth of
the coconut and other palm oils industry in all its aspects and to
insure that the coconut farmers become direct participants in, and
beneficiaries of, such growth and developments; chanroblesvirtualawlibrary
WHEREAS, to insure the viability, growth and development of the coconut
industry, the State has undertaken a program to rationalize the coconut
oil milling industry and thereby assure the coconut farmers a fair
price for their copra and the consuming countries as adequate and
continuous supply of copra, coconut oil and their by-products at fair
and competitive prices;chanroblesvirtualawlibrary
WHEREAS, in order to further promote the rationalization of the coconut
oil milling industry, it is necessary to grant the Philippine Coconut
Authority additional powers in respect of the marketing and export of
copra, coconut oil and their by-products.
NOW, THEREFORE, I. FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution, do hereby
order and decree as follows:cralaw:red
Section 1. The Philippine Coconut Authority shall
have full power and authority to regulate the marketing and export of
copra, coconut oil and their by-products, in furtherance of the steps
being taken to rationalize the coconut oil milling industry.
Section 2. In the exercise of its powers under
Section 1 hereof, the Philippine Coconut Authority may initiate and
implement such measures as may be necessary to attain the
rationalization of the coconut oil milling industry, including, but not
limited to, the following measures: chanroblesvirtualawlibrary
a) Imposition of floor and/or ceiling prices for all
exports of copra, coconut oil and their by-products;chanroblesvirtualawlibrary
b) Prescription of quality standards;chanroblesvirtualawlibrary
c) Establishment of maximum quantities for particular
periods and particular markets;chanroblesvirtualawlibrary
d) Inspection and survey of export shipments through
an independent international superintendent or surveyor.
In the exercise of its powers hereunder, the Philippine Coconut
Authority shall consult with, and be guided by, the recommendation of
the coconut farmers, through corporations owned or controlled by them
through the Coconut Industry Investment Fund and the private
corporation authorized to be organized under Letter of Instructions No.
926. chanroblesvirtualawlibrary
Section 3. All exports of copra and its by-products
to socialist countries and such other countries, which, heretofore,
have not purchased copra and its by-products from the Philippines on a
regular basis shall be undertaken by, or coursed through, the private
corporation authorized to be organized under Letter of Instructions No.
926.
Section 4. The Philippine Coconut Authority shall
have the power to promulgate such rules and regulations as may be
necessary to fully and effectively implement this Decree.
Section 5. Whenever any person or entity willfully
and deliberately violates any of the provisions of this Decree or any
rule or regulation legally promulgated hereunder by the Philippine
Coconut Authority, the person or persons responsible for such violation
shall be punished by a fine of not more than P20,000.00 and by
imprisonment of not more than five (5) years. If the offender be a
corporation, partnership or a juridical person, the penalty shall be
imposed on the officer or officers authorizing, permitting or
tolerating the violation. Aliens found guilty of any offense shall,
after having served his sentence, be immediately deported and, in the
case of a naturalized citizen, his certificate of naturalization shall
be cancelled. chanroblesvirtualawlibrary
Section 6. All laws, executive and administrative
orders, and rules and regulations inconsistent herewith are hereby
repealed or amended accordingly.
Section 7. If any provision of this Decree is held
unconstitutional, all other provisions shall remain valid.
Section 8. This Decree shall be effective immediately.
Done in the City of Manila,
this 4th day of October, in the year of Our Lord, Nineteen Hundred and
Seventy-Nine.
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