Presidential Decree No. 786 (PD 786) — Further Amending Presidential Decree No. 659, Entitled, "Penalizing the Illegal Trading and the Illegal Exportation of Philippine Sugar", by Adding a New Paragraph to Section 5 Thereof.
WHEREAS, under Section 3513 of the Tariff and Customs Code, a
cash reward of twenty percentum of the fair market value of the
smuggled and confiscated goods is given to the officers and men and
informers who are instrumental in the discovery and seizure of such
goods in accordance with the rules and regulations to be issued by the
Secretary of Finance;
WHEREAS, the smuggling-out or illegal exportation of
Philippine sugar is just as injurious and detrimental to the national
economy and to the public interest as the smuggling-in of untaxed goods;
WHEREAS, it is necessary and advisable to provide material
incentives and encouragement to the public and law enforcement personnel
to extend full cooperation and do their utmost to stamp-out the
smuggling or illegal exportation of Philippine sugar, and also to
provide a ready source of funds for the Government's anti-smuggling
operations;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers vested in me by the Constitution,
do hereby decree and order:
SECTION 1. Presidential Decree No. 659, dated February 21,
1975, is hereby further amended by adding a new paragraph to Section 5
thereof, which shall read as follows:
"A cash reward equivalent to not more than twenty per centum of
he appraised value of the sugar traded or loaded in violation of this
Decree and confiscated in favor of the Government shall be given to
the officers and men and informers who are instrumental in the
discovery and seizure of such sugar in accordance with
rules and regulations to be issued by the Secretary of National Defense.
The Secretary of National Defense is hereby also authorized to allot
and expend the equivalent of up to fifty per centum of the appraised
value of such sugar for operational expenses in connection with the
implementation and enforcement of this Decree, and the balance thereof
shall accrue to the general fund of the National Government."
SEC. 2. All laws, executive orders, instructions, rules and
regulations inconsistent with these provisions are hereby repealed or
amended accordingly.
SEC. 3. This Decree shall take effect immediately.
Done in the City of Manila, this 29th day of August, in the year
of Our Lord, nineteen hundred and seventy-five.
(Sgd.)
FERDINAND E. MARCOS
President
Republic of the Philippines
By the President:
(Sgd.)
ROBERTO V. REYES
Acting Executive Secretary
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).
