An Act to Provide for the Establishment of Manufacturing Bonded Warehouses
Act No. 1782, enacted on October 12, 1907, establishes manufacturing bonded warehouses in the Philippines for articles manufactured from imported materials intended for export without duty. Manufacturers must provide satisfactory bonds and file a list of goods on hand and intended for manufacture with the Insular Collector of Customs before commencing operations. The Act mandates that the Insular Collector will create regulations to implement its provisions, which will have the force of law once approved by the Secretary of Finance and Justice. Additionally, the Act was expedited due to its importance for public good and took effect immediately upon passage.
Quick Answers
- What is An Act to Provide for the Establishment of Manufacturing Bonded Warehouses about?
- Act No. 1782, enacted on October 12, 1907, establishes manufacturing bonded warehouses in the Philippines for articles manufactured from imported materials intended for export without duty. Manufacturers must provide satisfactory bonds and file a list of goods on hand and intended for manufacture with the Insular Collector of Customs before commencing operations. The Act mandates that the Insular Collector will create regulations to implement its provisions, which will have the force of law once approved by the Secretary of Finance and Justice. Additionally, the Act was expedited due to its importance for public good and took effect immediately upon passage.
- What type of law is Act No. 1782?
- An Act to Provide for the Establishment of Manufacturing Bonded Warehouses (Act No. 1782) is a Philippine Statutes enacted by the Congress of the Philippines.
- When was An Act to Provide for the Establishment of Manufacturing Bonded Warehouses enacted?
- An Act to Provide for the Establishment of Manufacturing Bonded Warehouses (Act No. 1782) was enacted on Oct 12, 1907.
- What is the citation for An Act to Provide for the Establishment of Manufacturing Bonded Warehouses?
- An Act to Provide for the Establishment of Manufacturing Bonded Warehouses, Act No. 1782, Oct 12, 1907 (Philippines)
Law Information
- Reference Number
- Act No. 1782
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
October 12, 1907
ACT NO. 1782
AN ACT TO PROVIDE FOR THE ESTABLISHMENT OF MANUFACTURING BONDED WAREHOUSES
SECTION 1. All articles manufactured in whole or in part of imported materials, or of materials subject to internal-revenue tax and intended for exportation without being charged with duty, may, under such regulations as the Insular Collector shall prescribe, be made and manufactured in manufacturing bonded warehouses: PROVIDED, That the manufacturer of such articles shall first give satisfactory bonds for the faithful observance of all the provisions of law and of such regulations as shall be from time to time prescribed by the Insular Collector of Customs. ICHDca
SECTION 2. Before commencing business the proprietor of any manufacturing bonded warehouse which is then a going concern shall file with the Insular Collector of Customs a list of all goods, wares, and merchandise on hand in such factory upon which import duties have been paid, which goods, wares, and merchandise are to be used in the manufacture of articles for exportation, whereupon the amount of such duties shall be ascertained and refunded to the proprietor of such warehouse, and in all cases before commencing business the proprietor of any bonded warehouse shall file with the Insular Collector of Customs a list of all the articles intended to be manufactured in such warehouse and state the formula of manufacture and the names and quantities of each of the various ingredients to be used therein. This formula may be changed from time to time by giving written notice to the Insular Collector of Customs.
SECTION 3. The Insular Collector of Customs shall prescribe regulations to carry this Act into effect; which regulations, when approved by the Secretary of Finance and Justice, shall have the force and effect of law.
SECTION 4. The public good requiring the speedy enactment of this bill, the passage of the same is hereby expedited in accordance with section two of "An Act prescribing the order of procedure by the Commission in the enactment of laws," passed September twenty-sixth, nineteen hundred.
SECTION 5. This Act shall take effect on its passage.
ENACTED, October 12, 1907.
Cite This Law
An Act to Provide for the Establishment of Manufacturing Bonded Warehouses, Act No. 1782, Oct 12, 1907 (Philippines)
An Act to Provide for the Establishment of Manufacturing Bonded Warehouses, Act No. 1782 (Phil. 1907)
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