PRESIDENTIAL DECREE NO. 510, July 18, 1974
FURTHER EXTENDING THE EFFECTIVITY OF PRESIDENTIAL DECREE NO. 333, AS AMENDED, AFFECTING THE IMPORTATION OF LIQUEFIED PETROLEUM GAS.
suffered from the cutback of crude oil and experienced an acute shortage
of petroleum products;
WHEREAS, in the face of this shortage temporary measures
were enacted to lift protective tariffs and allow for the duty-free
importation of the scarce petroleum products vital to the country’s
economic growth;
WHEREAS, the oil situation has relatively improved and it
has been assessed that the country at present possesses adequate
supplies of petroleum products, except for liquefied petroleum gas, a
widely-used commercial, industrial and domestic fuel;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers vested in me by the Constitution,
do hereby order and decree that the effectivity of Presidential Decree
No. 333, as amended by Presidential Decree No. 343, Presidential Decree
No. 368 and Presidential Decree No. 438 be further extended as this
affects the duty-free importation of liquefied petroleum gas only up to
30 June 1975 unless sooner terminated by the President.
This Decree shall take effect immediately.
DONE, in the
City of Manila, this 18th day of July, in the year of Our Lord, nineteen
hundred and seventy-four.
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(Sgd.)
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FERDINAND E. MARCOS | ||||||
| President of the Philippines | |||||||
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By the President: | ||||||
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(Sgd.)
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ALEJANDRO MELCHOR | ||||||
| Executive Secretary | |||||||