PRESIDENTIAL DECREE NO. 795, September 04, 1975
AMENDING SECTION THREE OF REPUBLIC ACT NUMBERED FOUR THOUSAND FIVE HUNDRED SIXTY-NINE, AS AMENDED BY REPUBLIC ACT NUMBERED FOUR THOUSAND EIGHT HUNDRED EIGHTY-THREE AND FURTHER A…
newspaper shall, charge more than three pesos per column inch nor less
than two pesos and fifty centavos per column inch for the publication of
judicial notices, advertisements or public bidding, notices of auction
sales and other similar notices;
WHEREAS, said rate which was fixed ten years ago no longer
holds true today, considering the prohibitive cost of paper, ink and
other printing materials, labor and other operational expenses;
WHEREAS, the increase of this existing rate is necessary to
enable newspapers and other periodicals to continue in their task of
disseminating news to the people;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers in me vested by the Constitution,
do hereby decree and order the amendment of Republic Act No. 4569 as
follows:
SECTION 1. Section 3 of Republic Act No. 4569 is hereby
amended to read as follows:
“SECTION 3. No newspaper or periodical shall charge for
the publication of said notices and announcements less than ten pesos
per column inch, nor more than eighty percent of their regular
commercial display advertising rates.”
SEC. 2. All laws, decrees, acts, rules and regulations
inconsistent herewith are hereby repealed or modified accordingly.
Done in the City of Manila, this 4th day of September, 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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By the President: | ||||||||
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(Sgd.)
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ROBERTO V. REYES | ||||||||
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Acting Executive Secretary
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