Legislation
Approved October 21, 1946

Republic Act No. 71

An act requiring price tags or labels to be affixed on all articles of commerce offered for sale at retail and penalizing violations of such requirement

An Act Requiring Price Tags or Labels to be Affixed on All Articles of Commerce Offered for Sale at Retail and Penalizing Violations of Such Requirement

In plain language

This act mandates that all retail articles display price tags or labels, provides for exemptions by the Secretary of Agriculture and Commerce, outlines penalties up to six months imprisonment or a fine of up to 200 pesos for violations, and takes effect 60 days after approval.

  • Price tags required on all retail articles
  • Exemptions by Secretary of Agriculture and Commerce
  • Penalties up to 6 months imprisonment or fine up to 200 pesos
  • Effective 60 days after approval
Retail
Pricing
Consumer Protection
Commerce

REPUBLIC ACT No. 71

An Act Requiring Price Tags or Labels to be Affixed on All Articles of Commerce Offered for Sale at Retail and Penalizing Violations of Such Requirement

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

Section 1

All articles of commerce and trade offered for sale to the public at retail shall be publicly displayed with appropriate tags or labels to indicate the price of each article and said articles shall be sold uniformly and without discriminations at the stated price: Provided, That the Secretary of Agriculture and Commerce may, upon the recommendation of the Director of Commerce, exempt from time to time certain articles of commerce and trade or certain classes of establishments from the provisions of this Act. The Secretary of Agriculture and Commerce is hereby authorized to issue rules and regulations to carry into effect the provisions of this section.

Section 2

Any violation of this Act shall be punished by imprisonment of not more than six months or a fine of not more than two hundred pesos, or both such fine and imprisonment in the discretion of the court.

Section 3

This Act shall take effect on the sixtieth day after its approval.

Approved: October 21, 1946.

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.