PRESIDENTIAL DECREE NO. 333, November 09, 1973
AUTHORIZING AS AN EMERGENCY MEASURE THE IMPORTATION, FREE OF DUTIES, OF CERTAIN FINISHED PETROLEUM PRODUCTS FOR A LIMITED PERIOD.[]
cutback of crude oil supply;
WHEREAS, such a cutback will lead to a shortfall of the
production of finished oil products; and
WHEREAS, there is now an urgent need to fill up the
shortfall of the petroleum products through their importation;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers in me vested 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, do hereby order and
decree the following:
SECTION 1. Any provision of existing law, executive or
administrative order, or rule or regulation to the contrary
notwithstanding, the importation, free from duties, of gasoline,
kerosene, diesels, liquefied petroleum gas, fuel oil, aviation-turbo
fuel, and aviation gas by persons or entities duly authorized by the Oil
Industry Commission, shall be allowed for a period of 45 days from the
approval of this Decree unless sooner terminated by the President.
SEC. 2. Any law or order inconsistent herewith is hereby
revoked, amended or modified accordingly.
Done in the City of Manila, this 9th day of November, in the year
of Our Lord, nineteen hundred and seventy-three.
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(Sgd.) FERDINAND E. MARCOS
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President
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Republic of the Philippines
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| By the President: | ||
| (Sgd.) ROBERTO V. REYES | ||
| Assistant Executive Secretary | ||
[*] Amended by Presidential
Decree Nos. 343 and 416.