Section 2
SEC. 2. Enactment of certain portions of Public Law 371-79th Congress.-Parts 2, 3, 4, and 5 of Title III of Public Law 371-79th Congress.- otherwise known as the Philippine Trade Act of 1946," which read as follows: "PART 2.-Customs Duties "SEC. 311. FREE ENTRY OF UNITED STATES ARTICLES. "During the period from the day after the date of the enactment of this Act to July 3, 1954, both dates inclusive, United States articles entered, or withdrawn from warehouse, in the Philippines for consumption shall be admitted into the Philippines free of ordinary customs duty. "SEC. 312. ORDINARY CUSTOMS DUTIES ON UNITED STATES ARTICLES. "(a) July 4, 1954-July 3, 1974.-The ordinary customs duty to be collected on United States articles, which during the following portions of the period from July 4, 1954, to July 3, 1974, both dates inclusive, are entered, or withdrawn from warehouse, in the Philippines for consumption, shall be determined by applying the following percentages of the Philippine duty: "(1) July 4, to December 31, 1954.-During the period from July 4, 1954, to December 31, 1954, both dates inclusive, 5 per centum. "(2) Calendar Year 1955.-During the calendar year 1955, 10 per centum. "(3) Calendar Years 1956-1972.-During each calendar year after the calendar year 1955 until and including the calendar year 1972, a percentage equal to the percentage for the preceding calendar year increased by 5 per centum of the Philippine duty. "(4) Percentage After 1972.-During the period from January 1, 1973, to July 3, 1974, both dates inclusive, 100 per centum. "(b) Period After July 3, 1974.-The ordinary customs duty to be collected on United States articles which after July 3, 1974, are entered, or withdrawn from warehouse, in the Philippines for consumption, shall be determined without regard to the provisions of subsection (a) of this section. "SEC. 313. CUSTOMS DUTIES OTHER THAN ORDINARY. "Customs duties on United States articles, other than ordinary customs duties, shall be determined without regard to the provisions of sections 311 and 312 (a), but shall be subject to the provisions of section 314. "SEC. 314.EQUALITY IN SPECIAL IMPORT DUTIES, ETC. "(a) With respect to United States articles imported into the Philippines, no duty on or in connection with importation shall be collected or paid in an amount in excess of the duty imposed with respect to like articles which are the product of any other foreign country, or collected or paid in any amount if the duty is not imposed with respect to such like articles. "(b) As used in this section the term 'duty, includes taxes, fees, charges, or exactions, imposed on or in connection with importation; but does not include internal taxes or ordinary customs duties. "SEC. 315. EQUALITY IN DUTIES ON PRODUCTS OF UNITED STATES. "(a) With respect to products of the United States, which do not come within the definition of United States articles, imported into the Philippines, no duty on or in connection with importation shall be collected or paid in an amount in excess of the duty imposed with respect to like articles which are the product of any other foreign country, or collected or paid in any amount if the duty is not imposed with respect to such like articles which are the product of any other foreign country. " (b) As used in this section the term 'duty' includes taxes, fees, charges, or exactions, imposed on or in connection with importation; but does not include internal taxes. "PART 3.-Internal Taxes "Sec.321.EQUALITY IN INTERNAL TAXES. "(a) With respect to articles which are products of the United States coming into the Philippines, or with respect to articles manufactured in the Philippines wholly or in part from such articles, no internal tax shall be- "(1) collected or paid in amount in excess of the internal tax imposed with respect to like articles which are the product of the Philippines, or collected or paid in any amount if the internal tax is not imposed with respect to such like articles; "(2) collected or paid in an amount in excess of the internal tax imposed with respect to like articles which are the product of any other foreign country, or collected or paid in any amount if the internal tax is not imposed with respect to such like articles. "(b) Where an internal tax is imposed with respect to an article which is the product of a foreign country to compensate for an internal tax imposed (1) with respect to a like article which is the product of the Philippines, or (2) with respect to materials used in the production of a like article which is the product of the Philippines, if the amount of the internal tax which is collected and paid with respect to the article which is the product of the United States is not in excess of that permitted by paragraph (2) of subsection (a) such collection and payment shall not be regarded as in violation of subsection (a). "Sec. 322. PROHIBITION ON EXPORT TAXES. "No export tax shall be imposed or collected by the Philippines on articles exported to the United States. "Sec. 323. EXEMPTION FROM TAXES OF ARTICLES FOR OFFICIAL USE. "No processing tax or other internal tax shall be imposed or collected in the Philippines with respect to articles coming into the Philippines for the official use of the United States Government or any department or agency thereof. "PART 4.-Immigration "Sec. 331. CERTAIN UNITED STATES CITIZENS GIVEN NON-QUOTA STATUS. "Any citizen of the United States who actually resided in the Philippines for a continous period of three years during the period of forty-two months ending November 30, 1941, if entering the Philippines during the period from July 4, 1946, to July 3, 1951, both dates inclusive, for the purpose of resuming residence in the Philippines, shall, for the purposes of the immigration laws, be considered a non-quota immigrant. After such admission as a non-quota immigrant he shall, for the purposes of the immigration and naturalization laws, be considered as lawfully admitted to the Philippines for permanent residence. The benefits of this section shall also apply to his wife, if a citizen of the United States, and to his unmarried children under 18 years of age, if such wife or children are accompanying or following to join him during such period. "Sec. 332. IMMIGRATION OF UNITED STATES CITIZENS INTO THE PHILIPPINES. "Citizens of the United Staes, admissible to the Philippines under the provisions required by section 402 (e) to be included as a part of the executive agreement made under Title IV, shall be entitled to enter the Philippines, in the numbers and during the periods of years, and to remain therein for the time, specified in that part of the agreement which embodies the provisions of section 402 (e). "PART 5.-Miscellaneous "Sec. 341. RIGHTS OF UNITED STATES CITIZENS AND BUSINESS ENTERPRISES IN NATURAL RESOURCES. "The disposition, exploitation, development, and utilization of all agricultural, timber, and mineral lands of the public domain, waters, minerals, coal, petroleum, and other mineral oils, all forces and sources of potential energy, and other natural resources of the Philippines, and the operation of public utilities, shall, if open to any person, be open to citizens of the United States and to all forms of business enterprise owned or controlled, directly or indirectly, by United States citizens. "SEC. 342. CURRENCY STABILIZATION. "The value of Philippine currency in relation to the United States dollar shall not be changed, the convertability of pesos into dollars shall not be suspended, and no restrictions shall be imposed on the transfer of funds from the Philippines to the United States, except by agreement with the President of the United States. "Sec. 343. ALLOCATION OF QUOTAS. "The allocation, reallocation, transfer, and assignment of quotas established by sections 211, 212, and 214, respectively, of Part 2 of Title II, shall be on the basis provided for in such Part." are hereby enacted and shall continue in effect as laws of the Philippines during the effectiveness of the executive agreement mentioned in the preceding section: Provided, however, That so much of section 341, Part 5, Title III, above quoted, as is in conflict with the Constitution of the Philippines shall take effect only after such conflict shall have been removed by an amendment of the said Constitution.