AMENDING SECTION ONE OF EXECUTIVE ORDER NUMBERED THREE HUNDRED AND THIRTY-ONE AND FOR OTHER PURPOSES
By virtue of the powers vested in me by Section 3 of Republic Act No. 509, entitled “An Act declaring National Policy, authorizing the President of the Philippines for a limited period to fix Ceiling Prices of Commodities and to promulgate Rules and Regulations regarding Prices of Commodities to effectuate such Policy, and authorizing the appropriation of a certain sum for the purpose,” and upon the recommendation of the Price Administration Board, I, ELPIDIO QUIRINO, President of the Philippines, do hereby order:
Section 1. Section one of Executive Order No. 331, dated July 7, 1950, is hereby amended by setting up a new ceiling price for Pan de Sal, as follows:
FOODSTUFF (LOCAL)
Commodity | Unit | Retail ceiling price | ||
Bread: | ||||
Pan de Sal | .................... | 3 pieces (23 grams each) or 2 pieces (35 grams each) | .................... | ₱0.05 |
Section 2. The ceiling price fixed in this Order includes the seven per cent sales tax and is applicable throughout the Philippines.
Section 3. This Order shall take effect five days after the date hereof.
Done in the City of Manila, this 5th day of December, in the year of Our Lord, nineteen hundred and fifty, and of the Independence of the Philippines, the fifth.
(SGD.) ELPIDIO QUIRINO
President of the Philippines
By the President:
(SGD.) TEODORO EVANGELISTA
Executive Secretary
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