PRESIDENTIAL DECREE NO. 737, June 30, 1975
EXTENDING THE EFFECTIVITY OF THE PRICE CONTROL LAW TO JUNE 30, 1977
known as the Price Control Law, as amended by Presidential Decree No.
234, provides that this law shall expire on June 30, 1975; and
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;
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.
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herewith is hereby repealed or modified accordingly.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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(Sgd.)
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FERDINAND E. MARCOS | |||||||
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President
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| Republic of the Philippines | ||||||||
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By the President: | |||||||
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(Sgd.)
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ALEJANDRO MELCHOR | |||||||
| Executive Secretary | ||||||||