ChanRobles Virtual law Library
PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Republic Acts :
REPUBLIC ACTS
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REPUBLIC ACT NO. 824 - AN
ACT TO RE-ENACT REPUBLIC ACT NUMBERED SIX HUNDRED AND THIRTEEN,
OTHERWISE KNOWN AS THE EXPORT CONTROL ACT AND TO AMEND SECTION FOUR AND
FIVE THEREOF |
Section 1.
Republic Act Numbered Six hundred and thirteen, otherwise known as the
Export Control Law, is hereby re-enacted with amendments appearing in
the following sections:
Sec. 2. Section s four and five of Republic Act
Numbered Six hundred and thirteen, otherwise known as the Export
Control Law, are hereby amended to read as follows: "Sec. 4. In
case of violation of this Act or the regulations promulgated
thereunder, such violator or violators shall, upon conviction, be
punished by a fine of from ten thousand pesos to twenty thousand pesos,
and by imprisonment of from five to ten years, or both, in the
discretion of the Court: Provided, That if the violation is committed
by the manager, representative, director, agent, or employee of any
natural or juridical person in the interest of the latter the same
shall render the said natural or juridical person amenable to the
penalties corresponding to the particular offense: Provided, further,
That in case of any violation committed in the interest of a foreign
corporation legally doing business in the Philippines by its agent,
manager, representative or director, such violation shall, in addition
to the penalties mentioned above, serve as a ground for the immediate
revocation of its license to do business: And provided, finally, That
the materials intended for export in violation of this Act and the
rules and regulations thereunder shall be confiscated by and forfeited
to the Government. Sec. 3. This Act shall take effect upon its approval. Approved: August 14, 1952 |
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