WHEREAS, numerous cases of simple illegal possession of
firearm, ammunition or explosive either are under investigation, or have been
filed in court, or have resulted in conviction and sentence;
WHEREAS, reports from the law enforcement agencies further
reveal that there are still a big number of loose or unlicensed firearms,
ammunition or explosives in the possession of individuals a majority of whom,
not having used such contraband for the commission of any other offense or
offenses, may be desirous of surrendering the same but are prevented from doing
so for fear of being punished in accordance with current laws;
WHEREAS, in order to give the aforementioned holders of
loose or unlicensed firearms, ammunition or explosives the opportunity to
dispose of the same without incurring criminal liability, it is necessary to
adopt a liberal scheme for the purpose;
NOW, THEREFORE, 1, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers vested in me by the Constitution, do hereby
order and decree the following: