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Chan Robles Virtual Law Library
PRESIDENTIAL DECREE NO. 332
PRESIDENTIAL DECREE NO. 332
- AMENDING CERTAIN Sections OF REPUBLIC ACT NUMBERED SEVENTEEN HUNDRED
AND EIGHTY-NINE, AS AMENDED, OTHERWISE KNOWN AS THE REPARATIONS LAW
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chanroblesvirtualawlibrary
WHEREAS, it
is the policy of the government to utilize all reparations payments
from Japan in such manner as shall assure the maximum possible economic
benefit to the Filipino people; chanroblesvirtualawlibrary
WHEREAS, it has been shown that majority of reparations end-users in
the private sector have failed to properly utilize he reparations goods
and/or services received by them, and to pay the amortizations thereon
as they fall due, thus resulting in huge arrearages to the detriment of
the Philippine economy;chanroblesvirtualawlibrary
WHEREAS, such failure of the end-users in the private sector to comply
with their obligations is mainly due to the very low rates of interest
being charged under the existing law;chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of powers vested in me by the Constitution as
Commander-in-Chief of all the Armed Forces of the Philippines, and
pursuant to Proclamation No. 1081 dated September 21, 1972 and General
Order No. 1 dated September 22, 1972, as amended, and in order to
effect the desired changes and reforms in the utilization and
disposition of reparations so as to assure the maximum possible
economic benefit to the Filipino people, and in order to augment the
limited government resources available for public projects, do hereby
order and decree the amendment of Republic Act Numbered 1789, as
amended, as follows:cralaw:red
Section 1. Section two, paragraph (a) of Republic Act
Numbered 1789, as amended, is hereby amended to read as follows:cralaw:red
"Sec. 2. Implementation. — To implement the policy
declared in Section one hereof, the procurement, disposition and
utilization of all goods and services procured from Japan under the
terms of the Reparations Agreement shall be carried out as closely as
possible to promote the economic rehabilitation and development of the
country and in accordance with the broad program, criteria and
priorities established by the National Economic and Development
Authority, in addition to the following criteria:cralaw:red
(a) Capital goods and services. — Pursuant to the
policy declared in Section one hereof, the capital goods and services
received as reparations shall be made available only after due
compliance with all the conditions specified in this Act to approved
government projects for each year included in the economic and social
development program adopted by the National Economic and Development
Authority upon application from the agency concerned and duly endorsed
by the proper department head concerned and the National Economic and
Development Authority, as well as to Filipino citizens and entities
wholly owned by Filipino citizens, whose applications must be
accompanied in each case by the requisite project study prepared in
accordance with the form prescribed for the purpose by the Commission
and approved by the National Economic and Development Authority and a
sworn statement as to whether the applicant has already been granted
any previous application and procurement order and the value of the
reparations goods and/or services involved and actually delivered, and
who will themselves utilize such goods and/or services as bona fide
producers or manufacturers: Provided, That no private person, private
company, establishment, or entity shall be granted more than one
application for reparations goods and services and in no case the
aggregate total of reparations goods and services granted to any such
private person, private company, establishment, or entity shall be more
than one and a half million dollars, except when a greater amount is
necessary for the realization of any project certified by the President
of the Philippines after consultation with the National Economic and
Development Authority to be vital to the economic development of the
country and except further that the applicant may further apply for
expansion or development purposes when so authorized by the President
of the Philippines after consultation with the National Economic and
Development Authority: Provided, further, That where there are two
applicants for the same reparations goods, all other things being
equal, the person who first applied shall be given preference:
Provided, finally, That reparations intended for electrification,
educational material, equipment and machinery, including those for
fishery and vocational schools, cottage industries, fire-fighting
equipment, telecommunications, railroad, base metal mining, steel and
cement manufacturing, logging and shipping shall be given top priority.
The list of projects shall be given the widest dissemination and
publicity possible."
Section 2. Paragraphs (b) and (d) of Section 2 of the
same Act are hereby amended to read as follows:cralaw:red
"(b) Goods other than capital goods. — Goods other
than capital goods that may be procured from reparations shall be
limited to such goods as may not be obtainable from normal sources of
imports and to highly essential consumer goods and construction
materials not classified as capital goods, the total value and detailed
listing of which shall be made by the Commission created in section 5
hereof and approved by the President upon recommendation of the
National Economic and Development Authority. Such goods shall be
procured for and sold through such agency selected by the Commission
only to bona fide retailers who are Filipino citizens or entities
wholly owned by Filipino citizens who shall resell the same directly to
consumers or end-users."
"(d) Cash payment. — The twenty million dollars cash
payment shall accrue to a Trust Fund to be used exclusively for the
benefit and rehabilitation of veterans of the Philippines in World War
II, and their widows and orphans, as Congress may from time to time
provide: Provided, That the procurement of consumers goods intended to
generate the trust fund for veterans their orphans and widows of World
War II shall be undertaken by the Commission upon the recommendation of
and in consultation with the National Economic and Development
Authority and the same shall be disposed by the agency selected by the
Commission under paragraph (b) of this certified by the President of
the Philippines after consultation with the National Economic and
Development Authority to be vital to the economic development of the
country and except further that the applicant may further apply for
expansion or development purposes when so authorized by the President
of the Philippines after consultation with the National Economic and
Development Authority: Provided, further, That where there are two
applicants for the same reparations goods, all other things being
equal, the person who first applied shall be given preference:
Provided, finally, That reparations intended for electrification,
educational material, equipment and machinery, including those for
fishery and vocational schools, cottage industries, fire-fighting
equipment, telecommunications, railroad, base metal mining, steel and
cement manufacturing, logging and shipping shall be given top priority.
The list of projects shall be given the widest dissemination and
publicity possible."
*Section 2. Paragraphs (b) and (d) of Section 2 of
the same Act are hereby amended to read as follows:cralaw:red
"(b) Goods other than capital goods. — Goods other
than capital goods that may be procured from reparations shall be
limited to such goods as may not be obtainable from normal sources of
import and to highly essential consumer goods and construction
materials not classified as capital goods, the total value and detailed
listing of which shall be made by the Commission created in section 5
hereof and approved by the President upon recommendation of the
National Economic and Development Authority. Such goods shall be
procured for and sold through such agency selected by the Commission
only to bona fide retailers who are Filipino citizens or entities
wholly owned by Filipino citizens who shall resell the same directly to
consumers or end users."
"(d) Cash payment. — The twenty million dollars cash
payment shall accrue to a Trust Fund to be used exclusively for the
benefit and rehabilitation of veterans of the Philippines in World War
II, and their widows and orphans, as Congress may from time to time
provide: Provided, That the procurement of consumers goods intended to
generate the trust fund for veterans, their orphans and widows, of
World War II shall be undertaken by the Commission upon the
recommendation of and in consultation with the National Economic and
Development Authority and the same shall be disposed by the agency
selected by the Commission under paragraph (b) of this Section and the
proceeds thereof shall be deposited in accordance with the provisions
of this section. There shall be advanced from the Special Economic
Development Fund created in Section three of this Act such amounts as
may be needed to complete the scheduled cash payments of four million
United States dollars every year for a period of five years in such a
manner that the total cash payments of twenty million United States
dollars shall have been collected at the end of five years."
Section 3. Paragraphs (e) and (h) of Section 2 of the
same Act are hereby repealed and paragraphs (f) and (g) of the same
Section are hereby amended to read as paragraphs (e) and (f),
respectively.
Section 4. Special Economic Development Fund. — The
proceeds from the sale of reparations goods and utilization of
services, together with interests earned, shall be constituted into a
Special Economic Development Fund out of which the National Assembly
may appropriate by special laws, from time to time, such amounts as may
be necessary to constitute a Special Trust Fund which shall be
available to the Development Bank of the Philippines and the Philippine
National Bank for loans for economic and industrial development
projects as well as for construction, reconstruction, repair and/or
improvement of public school buildings in amounts not exceeding eighty
per cent of the value of the securities and payable within a period not
exceeding twenty years depending upon the kind of loan and with
interest at a rate not exceeding four per cent per annum: Provided,
That the Development Bank of the Philippines and the Philippine
National Bank shall charge for their services only the actual cost
thereof and shall not make any profit therefrom: Provided, further,
That fifty per cent of such Special Trust Fund shall be available for
industrial loans, thirty per cent for agricultural loans (but not more
than twenty per cent of such agricultural loans may be granted on any
single agricultural crop), and the remaining twenty per cent, which
shall be given top priority, for public school building construction,
reconstruction, repair and/or improvement, as the National Assembly may
provide from time to time. The sum of twenty million pesos shall
likewise be set aside from the said Special Economic Development Fund
to constitute a revolving fund which shall be used exclusively tod in
the establishment of rural banks, subject to the provisions of Republic
Act Numbered Seven hundred twenty, otherwise known as the "Rural Banks
Act," as amended, and the further sum of fifty million pesos for the
purchase of landed estates as provided for in the Land Tenure Act and
such other landed estates provided for by other special Acts.
Section 5. Paragraphs (a) and (a-1) of Section 6 of
the same Act are hereby amended to read as follows:cralaw:red
"(a) To prepare sufficiently in advance of need, on
the basis of the previously approved reparations program and approved
applications for reparations goods and services, a tentative schedule
of goods and services clearly indicating thereon the name of the
applicant end-user and the amount allocated for each project to be
procured from Japan every year which, when approved by the President of
the Philippines upon recommendation of the National Economic and
Development Authority, shall form the basis of consultation between the
Philippine and Japanese governments towards the formulation of the
schedule called for in Article four of the Reparations Agreement. A
copy each, duly certified by the Commission, of the approved
applications and studies of the projects included in the tentative
schedule shall be transmitted to the Mission together with the
tentative schedule. No additional project, and no change involving any
item or project in a tentative or agreed schedule, whether by addition,
substitution or deletion, whether in kind, quantity, or value, whether
partial or total, shall be submitted to the Japanese Government until
the same has been endorsed by the National Economic and Development
Authority and approved by the President in accordance with the
foregoing, except in cases where the proposed change involves only the
increase or decrease in the amount allocated for a specific item or
project listed in the tentative or agreed schedule, and does not
involve any addition of, or change in, any other item or project as
provided above, and the total of such increase or decrease, whether
affected at one time or several time, does not exceed ten per cent of
the amount originally allocated for the corresponding item or project
in the tentative schedule. The agreed schedule, and any addition,
substitution or deletion hereinabove referred to, as may thereafter be
made in accordance with this Act and agreed to by the Japanese
Government, shall after its conclusion with the Japanese Government, be
immediately published in full, indicating clearly the name of the
end-users concerned, for three consecutive times every other day in two
newspapers of general circulation, one in Tagalog and one in English by
the Commission in the Philippines, and both in English by the
Philippine Reparations Mission in Japan. chanroblesvirtualawlibrary
"(a-1) To issue procurement orders for the
acquisition of reparations goods and/or services on the basis of the
agreed schedule. The procurement order shall specify, among others, the
following: (1) the name of the applicant end-user; (2) the item in the
agreed schedule; (3) the name of the project; (4) the amount of the
procurement order; and (5) the date of issuance of the procurement
order. The amount of each procurement order shall be strictly in
accordance with the allocation for each project as agreed upon between
the Philippine and Japanese Governments. The procurement orders for all
the projects shall be issued only after the conclusion of the agreed
schedule. No procurement order for the acquisition of goods and/or
services intended for government agencies shall be issued by the
Commission until after it shall have duly ascertained and verified that
the agencies concerned have (1) the capacity and have duly provided for
the payment of the 2% service fee and all incidental charges in
connection with the procurement and delivery of the goods and/or
services, and (2) the technical capacity to take delivery and utilize
efficiently the goods applied for, and unless all the following
conditions shall have been previously complied with: (1) the government
agency concerned must have previously prepared and submitted to the
satisfaction of the Commission a financial, economic and technological
study concerning the feasibility of the project together with the
complete plans and specifications thereof; and (2) the application must
have been previously approved by resolution of the Commission; (3) the
project must be among those specifically included in the reparations
schedule agreed upon and effective between the Philippine and Japanese
Governments at the time of the issuance of the procurement order; and
(4) the agreed schedule showing the names of the applicant end-users
must have been published in accordance with this Act. No procurement
order for the acquisition of reparations goods and/or services intended
for private parties shall be issued by the Commission until after it
shall have duly ascertained and verified that the applicant concerned
(1) has enough financial resources and capacity to pay and (2) has the
technical capacity to take delivery and utilize efficiently the goods
applied for, and unless all the following conditions shall have been
previously complied with: (1) the private applicant end-user concerned
must have previously prepared and submitted to the satisfaction of the
Commission a financial, economic and technological study of the project
together with the complete plans and specifications thereof favorably
endorsed as prescribed in Section two of this Act, and a certification
from the Securities and Exchange Commission or the Bureau of Commerce,
as the case may be, attesting that the applicant end-user concerned is
qualified under this Act; (2) the application must have been previously
approved by resolution of the Commission; (3) the project concerned
must be among those specifically included in the reparations schedule
agreed upon the effective between the Philippine and Japanese
Governments at the time of issuance of the procurement order: Provided,
That no procurement order shall be issued until after the private
applicant end-user concerned shall have made a cash down payment for
the project applied for which shall be 10% of the value of the project
computed at the current rate of exchange of the peso to the U.S. dollar
prevailing at the time of payment; and (4) the agreed schedule showing
the names of the applicant end-user must have been published in
accordance with this Act. The private applicant shall be required to
submit proof to substantiate that both his financial resources and
capacity to pay are commensurate with the value of the goods and/or
services applied for, and that he has had experience or has contracted
an appropriate number of experts in the particular field. He shall also
be required to put up collaterals sufficient to cover the balance of
the cost of the goods and/or services: Provided, further, That in the
case of corporations, the principal officers thereof shall be required
to sign a guarantee contract whereby they shall be jointly and
severally liable with the corporation to answer for the obligation so
contracted. Notwithstanding the foregoing, no procurement order shall
take effect until after the lapse of one week after its final
publication indicating the name and address of the applicant end-user,
the name of the project subject of the procurement order, and the
specific item in the reparations schedule agreed upon and effective
between the Philippine and Japanese Governments at the time of issuance
of the procurement order, three successive times every other day in two
newspapers of general circulation, one in Tagalog and one in English,
in the Philippines, and both in English in Japan, by the Commission and
the Mission, respectively. As required herein, the Commission shall
publish each and every procurement order within one week after its
issuance, and the Mission, within one week after receipt of the
procurement order. Any procurement order which does not wholly comply
with all of the above requirements shall ipso facto be considered null
and void, if such non-compliance has been through the fault or
negligence of the applicant end-user. After the procurement order for
reparations intended for a specific end-user has been properly issued
in accordance with the foregoing, such procurement order may not be
revoked or suspended except when the end-user in whose favor the
procurement order has been issued is adjudged, after due investigation
wherein he has been given the opportunity to be heard and represented
by counsel, to be disqualified or found guilty of fraud in connection
with his application under this Act: Provided, That pending final
decision, the procurement of the goods, except actual delivery thereof
to the end-user concerned, shall not be suspended: Provided, however,
That an end-user who has been found disqualified by the Commission may
appeal to the President within thirty days from the receipt of the
Commission's decision. The decision of the President which must be made
not later that thirty days after the submission of the appeal to him,
shall be final, and shall become effective upon receipt thereof by the
end-user concerned. In case the end-user fails to appeal, the decision
of the Commission shall become final immediately after the lapse of the
period for appeal. A party who has been adjudged disqualified shall
forfeit the down payment without prejudice to any action, criminal or
otherwise, which may be taken against him by the proper government
agency. The Commission is hereby required to render a decision on any
complaint submitted to it regarding the qualifications of an end-user
within ninety days from the date of the formal submission of such
complaint in writing." chanroblesvirtualawlibrary
Section 6. Section 10 of the same Act is hereby
amended to read as follows:cralaw:red
"Sec. 10. Operating Funds. — The funds for the
approved budget of the Commission shall be provided for in the annual
General Appropriation Acts. All the warehousing charges, other charges
and/or expenses paid and advanced by the Commission from the Special
Economic Development Fund (reparations proceeds) as authorized in the
General Appropriation Acts for reparations goods repossessed by it
shall be considered part of the operating expenditures of the
Commission in the particular fiscal years when they were paid as
authorized. Likewise, all service fees and incidental charges collected
by the Commission pursuant to this Act shall form part of its operating
funds."
Section 7. Section 12 of the same Act is hereby
further amended to read as follows:cralaw:red
"Sec. 12. Terms of Sale. — Capital goods and
complementary services intended for government projects, irrespective
of the classification of the project, shall be transferred to the
agencies concerned without cost: Provided, That said agencies shall pay
in cash a service fee of two (2) per cent of the cost of the goods
and/or services, and all incidental charges incurred in connection with
the procurement and delivery of such goods and/or services, computed at
the current rate of exchange of the peso to the U.S. dollar prevailing
at the time of payment. The government agencies concerned shall enter
in their books of accounts the peso F.O.B. value of the goods and/or
services received by them computed at the current rate of exchange of
the peso to the U.S. dollar prevailing at the time of delivery, as
follows:cralaw:red
(1) National government offices, agencies,
institutions and/or instrumentalities depending solely on
appropriations from the National Assembly for their operating expenses
shall enter the peso F.O.B. value as additional appropriation for them.
(2) National government offices, agencies,
institutions and/or instrumentalities with revolving funds provided by
law shall enter the peso F.O.B. value as additional appropriation for
said revolving fund.
(3) National government offices, agencies,
institutions and/or instrumentalities with capital stock provided by
law shall enter the peso F.O.B. value as subscription of the Government
to such capital stock.
(4) Government-owned or controlled corporations shall
enter the peso F.O.B. value as subscription of the Government to their
capital stock.
(5) Provincial, city and municipal governments shall
enter the peso F.O.B. value as contribution of the National government
to their operating expenses.
The foregoing provisions shall also apply to all government projects,
irrespective of the classification of the projects, the reparations
goods and/or services of which have already been procured and delivered
to the government end-users concerned, and the contracts for the
transfer thereof shall be modified accordingly: Provided, That whatever
amount or amounts that may have already been paid by said government
end-users for service fee, incidental charges and/or the peso F.O.B.
value of the reparations goods and/or services, including interest
thereon, if any, shall not be refunded.
Capital goods and complementary services disposed of to private parties
as provided for in subsection (a) of Section two hereof shall be sold
on cash or credit basis under rules and regulations as may be
determined by the Commission. All private end-users shall pay the peso
F.O.B. value of reparations goods and/or services received by them plus
a service fee of 2% of the value of such goods and/or services, and all
incidental charges in connection with the procurement and delivery
thereof, all computed at the current rate of exchange of the peso to
the U.S. dollar prevailing at time of delivery under the terms and
conditions provided herein. Sales on credit basis shall be payable on
installments: Provided, That the deposit or down payment required to be
paid under subsection (a-1) of Section 6 hereof shall be applied as
first payment without interest on the F.O.B. value on the date of
delivery of the reparations goods and/or services: Provided, further,
That in case of capital goods for the utilization of which an initial
investment before operation of not more than twenty per cent of the
cost of such goods is required, the first installment with interest
shall be paid on the third month after delivery of the goods, and in
the case of capital goods for the utilization of which an initial
investment before operation of more than twenty per cent of the cost of
such goods is required, and also in the case of ocean-going vessels,
the first installment with interest shall be paid on the twelfth month
after delivery of the goods, extendible when deemed to be justified by
the Commission not exceeding one year. The balance, in both cases,
shall be paid in equal annual installments within a period to be fixed
by the Commission considering the life expectancy of the goods but in
no case exceeding ten years from the date of the first installment
falls due, with interest at twelve (12) per cent per annum and an
additional interest of one and one-half (1-1/2) per cent per month for
delinquency in the payment of installments: Provided, That in the case
of vessels, the procurement cost thereof shall be paid within the
period provided for in Republic Act Numbered Fourteen hundred and
seven, as amended. Goods other than capital goods procured as
reparations shall be sold for cash only at prevailing prices for
similar goods. chanroblesvirtualawlibrary
In all transactions involving the transfer of capital goods and
services from reparations to the authorized private parties specified
in this Act, the sale shall be directly to end-users and not through
middlemen. The contract of sale and the corresponding schedule of
payment shall be executed upon delivery of the reparations goods and/or
services pertaining to each allocation in a particular agreed schedule
irrespective of whether or not the project has been given a complete
allocation, or needs an additional allocation for completion or
expansion, or has an additional allocation in the succeeding annual
reparations schedule or schedules. All reparations machinery and
equipment in the possession of private end-users, whether utilized or
not, shall be declared "Completely delivered" unless within 30 days
from date of receipt of instructions to end-users, they shall file with
the Commission their respective written proofs justifying their alleged
claims.
The contract of sale shall bear the conditions that no capital goods
thus acquired shall be resold, leased or in any other manner disposed
of except of Filipino citizens or to entities wholly owned by Filipino
citizens who shall continue the utilization thereof in the projects for
which the goods were originally intended or in similar projects
included in the economic development program of a similar priority,
subject, however, to the further condition that groups, associations
and corporations which are recipient of such goods shall not permit any
subsequent change in ownership or control as shall at any time
thereafter change the control or ownership wholly held therein by
Filipino citizens. It shall further contain a provision that any
transfer of ownership, whether by virtue of a private contract or
through court proceedings, shall be to Filipino citizens who shall
begin utilizing them in such projects as the National Economic and
Development Authority shall determine within one year from notice of
the Authority's decision."
Section 8. To Section 12 of the same Act, there are
hereby added paragraphs (a-1) and (a-2) to read as follows:cralaw:red
"(a-1) The foregoing provisions of this Section,
insofar as it relates to the computation of the peso F.O.B. value of
the reparations goods and/or services, the execution of the sales
contract and corresponding schedule of payments, the time of
application of the deposit or down payment as first payment without
interest and the due date of the first installment with interest on the
balance, and the imposition of interest of 12% per annum on the balance
and an additional 1-1/2 per month for delinquency, shall also apply to
all projects of private end-users in the current 17th year reparations
schedule and to all other projects of private end-users where the
reparations goods and/or services have already been delivered but the
contracts and corresponding schedules of payment have not as yet been
executed at the time of the issuance of this decree, in which case,
said private end-users shall, within a period of three months from
issuance of this decree, execute the sales contracts and corresponding
schedules of payments, otherwise the sanction provided for under
paragraph (a-2) of this Section shall be taken against them."
"(a-2) All private end-users with pending accounts
with the Commission at the time of the issuance of this Decree shall be
allowed to restructure their accounts beyond the maximum allowable
period of amortization as provided for under this Act: Provided, That
said end-users shall first be required to pay 10% of the total accrued
accounts at the time of the issuance of this Decree: Provided, further,
That interest at the rate of 12 per cent per annum shall be imposed on
the restructured yearly amortization with an additional monthly
interest of 1-1/2 per cent for delinquency and said end-users shall be
required to put up additional collaterals sufficient to cover the value
of the restructured account, and in the case of corporations, the
principal officers thereof shall be required to sign the contract of
restructuring jointly and severally with the corporation: Provided,
finally, That all delinquent private end-users of reparations goods
and/or services are hereby given a period of three (3) months within
which to restructure or update their accounts with the Commission
otherwise, the latter, with the assistance of the Armed Forces of the
Philippines shall extra judicially repossess said reparations goods and
attach all other assets of said private end-users and shall sell,
transfer, or otherwise dispose of the same in a manner as provided for
herein, without prejudice to such civil and/or criminal action that may
be taken against them under this Act and/or other existing laws. All
reparations goods so repossessed and/or to be repossessed shall be sold
through public bidding, or through negotiation if the public bidding
will fail, either by lot or by piece, at such price and under such
terms and conditions as may be determined reasonable by the Commission
upon the recommendation of an appraisal committee to be constituted by
the Commission and in which at least one (1) member each must come from
the office of the Commission Auditor and the National Economic and
Development Authority: Provided, That government instrumentalities will
be given the first option to acquire the reparations goods which they
may need or can utilize, in which case said reparations goods shall be
transferred to them without cost and the appraised value thereof as
determined by the Commission shall be entered in their books of
accounts in accordance with this Section. All expenses incurred in
connection with the transfer of said goods shall be borne by the
government agencies concerned.
The Commission is hereby authorized to pay out of the Special Economic
Development Fund such amount or amounts as may be necessary for all the
expenses and/or charges in connection with the repossession of
reparations goods and attachment of other assets of private end-users
and the sale thereof through public bidding or negotiations as
hereinabove provided."
Section 9. All reference to the National Economic
Council in Republic Act Numbered 1789, as amended, shall be understood
to mean the National Economic and Development Authority.
Section 10. All provisions of Republic Act Numbered
1789, as amended, the rules and regulations promulgated thereunder, and
all other laws, executive orders, or parts thereof, inconsistent with
this Decree are hereby repealed, modified and/or amended accordingly.
Section 11. This Decree shall take effect
immediately.
Done in the City of Manila,
this 9th day of November, in the year of Our Lord, nineteen hundred and
seventy-three.
* Copied verbatim from documents obtained directly
from Bureau of Printing publication (duplicity of Section 2)
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