AMENDING SECTION THREE OF REPUBLIC ACT NUMBERED FOUR THOUSAND FIVE HUNDRED SIXTY-NINE, AS AMENDED BY REPUBLIC ACT NUMBERED FOUR THOUSAND EIGHT HUNDRED EIGHTY-THREE AND FURTHER AMENDED BY PRESIDENTIAL DECREE NUMBERED NINETEEN.

• Number: Presidential Decree No. 795
• Sections: 3

Preamble

WHEREAS, Section 3 of Republic Act No. 4569 provides that no

newspaper shall, charge more than three pesos per column inch nor less

than two pesos and fifty centavos per column inch for the publication of

judicial notices, advertisements or public bidding, notices of auction

sales and other similar notices;

WHEREAS, said rate which was fixed ten years ago no longer

holds true today, considering the prohibitive cost of paper, ink and

other printing materials, labor and other operational expenses;

WHEREAS, the increase of this existing rate is necessary to

enable newspapers and other periodicals to continue in their task of

disseminating news to the people;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the

Philippines, by virtue of the powers in me vested by the Constitution,

do hereby decree and order the amendment of Republic Act No. 4569 as

follows:

Section 1

SECTION 1. Section 3 of Republic Act No. 4569 is hereby

amended to read as follows:

"SECTION 3. No newspaper or periodical shall charge for

the publication of said notices and announcements less than ten pesos

per column inch, nor more than eighty percent of their regular

commercial display advertising rates."

Section 2

SEC. 2. All laws, decrees, acts, rules and regulations

inconsistent herewith are hereby repealed or modified accordingly.

Done in the City of Manila, this 4th day of September, 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