AMENDING SECTION 4 OF EXECUTIVE ORDER NO. 193, DATED DECEMBER 28, 1948, ENTITLED “PRESCRIBING RULES AND REGULATIONS TO CARRY INTO EFFECT THE CONTROL AND REGULATION OF IMPORTS OF NON-ESSENTIAL AND LUXURY ARTICLES INTO THE PHILIPPINES AS PROVIDED FOR IN REPUBLIC ACT NO. 330.”
Section 4 of Executive Order No. 193, dated December 28, 1948, is hereby amended to read as follows:
“Section 4. The Import Control Board shall fix the quota for each article in terms of quantities or total money values and shall allocate such quota, by authority of the President, to the importers duly registered for such article on the basis of their respective quantities or values of imports during the base period reduced in accordance with the percentages herein prescribed in Appendix B: Provided,That the Board, upon request of an importer, may transfer his quota from one article to another.”
Done in the City of Manila, this 16th day of March, in the year of our Lord, nineteen hundred and forty-nine, and of the Independence of the Philippines, the third.
(SGD.) ELPIDIO QUIRINO
President of the Philippines
By the President:
(SGD.) TEODORO EVANGELISTA
Executive Secretary
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