A
collection of Philippine laws, statutes and codes
not
included or cited in the main
indices
of
the
Chan Robles Virtual Law Library
PRESIDENTIAL DECREE NO. 795
PRESIDENTIAL DECREE NO. 795
- AMENDING Section THREE OF REPUBLIC ACT NUMBERED FOUR THOUSAND FIVE
HUNDRED SIXTY-NINE, AS AMENDED BY REPUBLIC ACT NUMBERED FOUR THOUSAND
EIGHT HUNDRED EIGHTY-THREE AND FURTHER AMENDED BY PRESIDENTIAL DECREE
NUMBERED NINETEEN
|
chanroblesvirtualawlibrary
WHEREAS,
Section 3 of Republic Act No. 4569 provides that no newspaper shall
charge more than three pesos per column inch nor less than two pesos
and fifty centavos per column inch for the publication of judicial
notices, advertisement or public bidding, notices of auction sales and
other similar notices; chanroblesvirtualawlibrary
WHEREAS, said rate which was fixed ten years ago no longer holds true
today, considering the prohibited cost of paper, ink and other printing
materials, labor and other operational expenses;chanroblesvirtualawlibrary
WHEREAS, the increase of this existing rate is necessary to enable
newspapers and other periodicals to continue in their task of
disseminating news to the people;chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers in me vested by the Constitution, do hereby
decree and order the amendment of Republic Act No. 4569 as follows:cralaw:red
Section 1. Section 3 of Republic Act No. 4569 is
hereby amended to read as follows: chanroblesvirtualawlibrary
"Sec. 3. No newspaper or periodical shall charge for
the publication of said notices and announcements less than ten pesos
per column inch, nor more than eighty percent of their regular
commercial display advertising rates."
Section 2. All laws, decrees, acts, rules and
regulations inconsistent herewith are hereby repealed or modified
accordingly.
Done in the City of Manila,
this 4th day of September, in the year of Our Lord, nineteen hundred
and seventy-five.
|
Back
to Home
- Back
to Main
chanroblesvirtuallawlibrary
Since 19.07.98
|