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Act
Approved August 23, 1955

Republic Act No. 1402

An act to amend section eleven of the philippine tariff act of 1909 and exempting textiles made of 100 per cent philippine ramie fiber from the payment of duty to provide incentives for the development of the ramie industry.

AN ACT TO AMEND SECTION ELEVEN OF THE PHILIPPINE TARIFF ACT OF 1909 AND EXEMPTING TEXTILES MADE OF 100 PER CENT PHILIPPINE RAMIE FIBER FROM THE PAYMENT OF DUTY TO PROVIDE INCENTIVES FOR THE DEVELOPMENT OF THE RAMIE INDUSTRY.

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In plain language

This act amends Section 11 of the Philippine Tariff Act of 1909 to exempt ramie goods processed abroad from duty, allocates the exemption among original farmer‑producers, and sets a two‑year expiration for the exemption, effective upon approval.

  • Exemption of ramie goods processed abroad from duty
  • Allocation of exemption among original farmer‑producers
  • Two‑year expiration of exemption
  • Effective upon approval
Tariff
Ramie
Export
Duty exemption
Philippines

REPUBLIC ACT No. 1402

An Act to Amend the First Paragraph of Section One of Act Numbered Thirty-Five Hundred, as Amended

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

The first paragraph of section one of Act Numbered Thirty-five hundred, as amended by Republic Act Numbered One hundred forty-one, is amended to read as follows:

"Sec. 1. The sum of ten million pesos is hereby appropriated out of any funds in the National Treasury not otherwise appropriated, to constitute a revolving fund for the construction of permanent bridges on, and for the acquisition of road rights of way and engineering surveys and investigations of, national or provincial roads in the Philippines, which shall be expended under the supervision of the Secretary of Public Works and Communications: Provided, That not less than the sum of two million pesos of said revolving fund shall be made available for the acquisition of road rights of way and for the survey and planning of roads and bridges, funds for which projects have previously been authorized by law, and which shall be repaid without interest from the construction allotments of the said projects either under the Philippine Highway Act of 1953 or under public works appropriations. Said bridges shall be declared toll bridges for a period not exceeding twenty years. Tolls shall be collected from all traffic using such bridges in accordance with rates to be fixed by a board composed of the Secretary of Public Works and Communications, as chairman, the Secretary of Finance, and the Executive Secretary, as members: Provided, However, That no toll charges shall be collected from pedestrians, whether alone or accompanying animals, or any person mounted on bicycle or an animal-drawn vehicle. The Secretary of Public Works and Communications shall issue such rules and regulations as may be necessary to implement the provisions of this Act.

Section 2

This Act shall take effect upon its approval.

Approved: September 9, 1955.

For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.