Abaca and Other Fibers Development Program Act
Republic Act No. 4967, known as the Abaca and Other Fibers Development Program Act, aims to rehabilitate and expand the abaca and fiber industry in the Philippines to maintain its global competitiveness. The Act extends the life of the Abaca and Other Fibers Development Board for one year and places it under the supervision of the Secretary of Agriculture and Natural Resources. The program includes initiatives for improving fiber production methods, promoting new industries, conducting research, and enhancing trade. It also mandates the preparation of an annual budget and production plan, with oversight from an appointed auditor. The Act took effect upon its approval on June 17, 1967.
Quick Answers
- What is Abaca and Other Fibers Development Program Act about?
- Republic Act No. 4967, known as the Abaca and Other Fibers Development Program Act, aims to rehabilitate and expand the abaca and fiber industry in the Philippines to maintain its global competitiveness. The Act extends the life of the Abaca and Other Fibers Development Board for one year and places it under the supervision of the Secretary of Agriculture and Natural Resources. The program includes initiatives for improving fiber production methods, promoting new industries, conducting research, and enhancing trade. It also mandates the preparation of an annual budget and production plan, with oversight from an appointed auditor. The Act took effect upon its approval on June 17, 1967.
- What type of law is Republic Act No. 4967?
- Abaca and Other Fibers Development Program Act (Republic Act No. 4967) is a Philippine Statutes enacted by the Congress of the Philippines.
- When was Abaca and Other Fibers Development Program Act enacted?
- Abaca and Other Fibers Development Program Act (Republic Act No. 4967) was enacted on Jun 17, 1967.
- What is the citation for Abaca and Other Fibers Development Program Act?
- Abaca and Other Fibers Development Program Act, Republic Act No. 4967, Jun 17, 1967 (Philippines)
Law Information
- Reference Number
- Republic Act No. 4967
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 17, 1967
REPUBLIC ACT NO. 4967
AN ACT EXTENDING THE LIFE OF THE ABACA AND OTHER FIBERS DEVELOPMENT BOARD, MAINTAINING ITS OWN FUNDS THEREFOR AND FOR OTHER PURPOSES
SECTION 1. This Act shall be known as the Abaca and Other Fibers Development Program Act.
SECTION 2. It is hereby declared to be a national policy to rehabilitate and expand the abaca and other fibers industry of the country to maintain its world supremacy and the world demand for abaca and other Philippine fibers and their by-products, and to provide adequate measures to ensure permanent stability in the production and consumption of abaca and other fibers.
SECTION 3. The life of the Abaca and Other Fibers Development Board shall be deemed extended for a period of one year from the approval hereof.
SECTION 4. The Abaca and Other Fibers Development Program envisioned in this Act shall be under the direct control and supervision of the Secretary of Agriculture and Natural Resources, through a Board composed of the Director of the Bureau of Plant Industry, Director of the Bureau of Fiber Inspection Service, Commissioner of the Agricultural Productivity Commission, one representative each of the three abaca-producing regions namely Bicol, Visayas, and Mindanao and the President of the Philippine Association of Abaca Producers and Exporters to be appointed by the President of the Philippines with the approval of the Commission on Appointments of the Congress of the Philippines. Each member shall receive a per diem of fifty pesos per meeting actually attended. cdt
SECTION 5. The Program shall cover the following phases considered necessary to attain the primary objectives of bringing at least to pre-war level the production of abaca and other fibers, reducing their cost of production to compete successfully with other hard fibers in the world markets, achieving the desired level of abaca and other Philippine fiber exports, and finally, maintaining a well-balanced production and demand of abaca and other fibers:
1. Production and distribution of planting materials to be disposed of at nominal cost, for the rehabilitation of depleted plantations and expansion to newly-opened areas;
2. Improvement and operation of fiber extraction methods to reduce the cost of production and improve the quality of the fibers;
3. Development, establishment and promotion of new industries using abaca and other fibers as raw materials;
4. Abaca and other fibers scientific, agricultural, industrial and commercial research;
5. Abaca and other fibers local and foreign trade promotion; and
6. General administration.
SECTION 6. The balance of appropriations provided for in Republic Acts Numbered Three thousand forty-five and Four thousand seven hundred twenty-one, shall continue to be expended to carry out the provisions of this Act aside from its present appropriations in the General Appropriations Act.
SECTION 7. Any amount earned in the operation of any of the projects under the Abaca and Other Fibers Development Program shall be credited to the name of the Program and constituted as a revolving fund to be used as determined through the resolution of the Board.
SECTION 8. The budget and the production plan for the year shall be prepared by the Administration and submitted to the Board for approval within thirty days before the end of the fiscal year.
SECTION 9. The Abaca and Other Fibers Development Program shall have an auditor who shall be assisted by his staff, to be appointed by the Auditor General. Salaries of and all other expenses in maintaining the Auditor's Office shall be paid by the Program.
SECTION 10. The Chairman-General Manager of the Abaca and Other Fibers Development Program shall submit a report through the Secretary of Agriculture and Natural Resources, to the President of the Philippines, the President of the Senate, the Speaker of the House of Representatives, and the Committee on Agriculture of both chambers of Congress, on the operation of the Program, not later than thirty days after the end of the fiscal year.
SECTION 11. All laws or parts thereof inconsistent with the provisions of this Act are hereby repealed.
SECTION 12. This Act shall take effect upon its approval.
Approved: June 17, 1967
Published in the Official Gazette, Vol. 65, No. 8, p. 1791 on February 24, 1969
Cite This Law
Abaca and Other Fibers Development Program Act, Republic Act No. 4967, Jun 17, 1967 (Philippines)
Abaca and Other Fibers Development Program Act, Republic Act No. 4967 (Phil. 1967)
Related Laws
- Abaca and Other Fibers Development Program ActRepublic Act No. 4721 • Jun 18, 1966 • Statutes
- Abaca Development Program ActRepublic Act No. 3045 • Jun 17, 1961 • Statutes
- Amendment to R.A. No. 4967 Re: Abaca and Other Fibers Development BoardRepublic Act No. 5428 • Jun 15, 1968 • Statutes
- An Act Providing for the Inspection, Grading, and Baling of Abaca (Manila Hemp), Maguey (Cantala), Sisal, and other FibersAct No. 2380 • Feb 28, 1914 • Statutes
- Amendments to R.A. No. 1295 Re: Establishment of Abaca Corp. of the Phils.Republic Act No. 4720 • Jun 18, 1966 • Statutes
- Establishment of National Abaca and Other Fiber CorporationCommonwealth Act No. 332 • Jun 18, 1938 • Statutes
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