Presidential Decree No. 788 (PD 788) — Increasing the Stabilization Fee for the Social Amelioration Program in the Sugar Industry from P1.00 per Picul Produced to P1.10.
WHEREAS, Presidential Decree No. 621 vests upon the
Secretary of Labor general supervision and control over the proper and
equitable implementation of the social amelioration program in the sugar
industry;
WHEREAS, the Department of Labor is not adequately funded
to ensure the effective implementation of the social amelioration
program as well as the labor laws and other labor programs of the
Government in the sugar industry;
WHEREAS, the leaders of the sugar industry have manifested
their desire to increase the stabilization fee from P1.00 per picul
produced to P1.10, the additional P0.10 to be used for the
implementation of the social amelioration program and of the labor laws
and policies in the sugar industry;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers in me vested by the Constitution,
do hereby order and decree as follows:
SECTION 1. All sugar mills shall collect a stabilization fee
of P1.10; for every picul of sugar produced, the additional P0.10 to be
deposited by the sugar mills with the Philippine National Bank in the
name of the Secretary of Labor as working fund which shall be used
exclusively for the implementation of Presidential Decree No. 621, other
labor laws and socio-economic projects in the sugar industry.
SEC. 2. The Secretary of Labor shall promulgate rules and
regulations, governing the disbursement and expenditure of the working
fund, subject to the usual accounting rules and regulations. The
Commission on Audit is hereby-authorized to audit periodically the
expenditures charged against the working fund.
SEC. 3. This Decree shall take effect starting crop year
1974-1975.
Done in the City of Manila, this 30th 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).
