WHEREAS,
Section 11 of Republic Act No. 6361, otherwise known as the Price
Control Law, as amended by Presidential Decree No. 234, provides that
this law shall expire on June 30, 1975; and chanroblesvirtualawlibrary
WHEREAS, there is an urgent need to extend the effectivity of the law
in line with the policy to prevent monopoly, hoarding, injurious
speculation, manipulation and profiteering with respect to the supply,
distribution and marketing of prime commodities;chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution and pursuant
to the economic and social development programs of the Government, do
hereby extend the effectivity of Republic Act No. 6361, otherwise known
as the Price Control Law, up to June 30, 1977. chanroblesvirtualawlibrary
Any provision of law, executive order or regulation inconsistent
herewith is hereby repealed or modified accordingly.
This Decree is hereby made part of the law of the land and shall take
effect immediately.
Done in the City of Manila,
this 30th day of June, in the year of Our Lord, nineteen hundred and
seventy-five.
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