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RA 729 Section 2

Section 2

SEC. 2. The first paragraph of section twelve of Republic Act Numbered Five hundred nine as amended, is hereby amended to read as follows: "SEC. 12. Imprisonment for a period of not less than two months nor more than twelve years or a fine of not less than two hundred pesos nor more than ten thousand pesos or both, shall be imposed upon any person who sells any article, goods or commodity in excess of the maximum selling price fixed by the President; or who hoards or keeps articles, goods or commodities mentioned in section one hereof or such other merchandise the price of which has been placed under control in excess of the quantities reported by him to the Price Administration Board; or who refuses to sell any merchandise displayed and offered for sale in his establishment, store or stall, or any merchandise which though not displayed are in stock; or who having in stock merchandise the price of which is under control shall transfer the same or make a false or fictitious sale of all or any portion thereof so as to defeat the purposes of this Act; or who fails or refuses to file with the said Board an inventory of his stock and/or to transmit copies of bills of lading or bills of sale, or who violates any provision of this Act or any rules or regulations issued by the President pursuant to the provisions of this Act: Provided, however, That in the case of aliens, in addition to the penalty herein provided, the offender shall be, upon final conviction, subject to immediate deportation without the necessity of any further proceedings on the part of the Deportation Board."

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Other provisions in RA 729

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationRA 729 Section 2 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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