Increasing the Stabilization Fee for Social Amelioration Program in Sugar Industry
Presidential Decree No. 788, issued on August 30, 1975, increases the stabilization fee for the social amelioration program in the Philippine sugar industry from P1.00 to P1.10 per picul produced. This increase is intended to provide additional funding for the effective implementation of labor laws and socio-economic projects within the industry. The additional P0.10 will be deposited with the Philippine National Bank and managed by the Secretary of Labor. The Secretary is also tasked with creating rules for the fund's disbursement, which will be subject to auditing by the Commission on Audit. This decree takes effect for the crop year 1974-1975.
Quick Answers
- What is Increasing the Stabilization Fee for Social Amelioration Program in Sugar Industry about?
- Presidential Decree No. 788, issued on August 30, 1975, increases the stabilization fee for the social amelioration program in the Philippine sugar industry from P1.00 to P1.10 per picul produced. This increase is intended to provide additional funding for the effective implementation of labor laws and socio-economic projects within the industry. The additional P0.10 will be deposited with the Philippine National Bank and managed by the Secretary of Labor. The Secretary is also tasked with creating rules for the fund's disbursement, which will be subject to auditing by the Commission on Audit. This decree takes effect for the crop year 1974-1975.
- What type of law is Presidential Decree No. 788?
- Increasing the Stabilization Fee for Social Amelioration Program in Sugar Industry (Presidential Decree No. 788) is a Philippine Presidential Issuances enacted by the Congress of the Philippines.
- When was Increasing the Stabilization Fee for Social Amelioration Program in Sugar Industry enacted?
- Increasing the Stabilization Fee for Social Amelioration Program in Sugar Industry (Presidential Decree No. 788) was enacted on Aug 30, 1975.
- What is the citation for Increasing the Stabilization Fee for Social Amelioration Program in Sugar Industry?
- Increasing the Stabilization Fee for Social Amelioration Program in Sugar Industry, Presidential Decree No. 788, Aug 30, 1975 (Philippines)
Law Information
- Reference Number
- Presidential Decree No. 788
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Presidential Decrees
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
August 30, 1975
PRESIDENTIAL DECREE NO. 788
INCREASING THE STABILIZATION FEE FOR THE SOCIAL AMELIORATION PROGRAM IN THE SUGAR INDUSTRY FROM P1.00 PER PICUL PRODUCED TO P1.10
WHEREAS, Presidential Decree No. 621 vests upon the Secretary of Labor general supervision and control over the proper the equitable implementation of the social amelioration program in the sugar industry;
WHEREAS, the Department of Labor is not adequately funded to ensure the effective implementation of the social amelioration program as well as the labor laws and other labor programs of the Government in the sugar industry;
WHEREAS, the leaders of the sugar industry have manifested their desire to increase the stabilization fee from P1.00 per picul produced to P1.10, the additional P0.10 to be used for the implementation of the social amelioration program and of the labor laws and policies in the sugar industry;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers in me vested by the Constitution, do hereby order and decree as follows:
SECTION 1. All sugar mills shall collect a stabilization fee of P1.10 for every picul of sugar produced, the additional P0.10 to be deposited by the sugar mills with the Philippine National Bank in the name of the Secretary of Labor as working fund which shall be used exclusively for the implementation of Presidential Decree No. 621, other labor laws and socio-economic projects in the sugar industry.
SECTION 2. The Secretary of Labor shall promulgate rules and regulations governing the disbursement and expenditure of the working fund, subject to the usual accounting rules and regulations. The Commission on Audit is hereby authorized to audit periodically the expenditures charged against the working fund.
SECTION 3. This Decree shall take effect starting crop year 1974-1975.
DONE in the City of Manila, this 30th day of August, in the year of Our Lord, Nineteen Hundred and Seventy-Five.
Cite This Law
Increasing the Stabilization Fee for Social Amelioration Program in Sugar Industry, Presidential Decree No. 788, Aug 30, 1975 (Philippines)
Increasing the Stabilization Fee for Social Amelioration Program in Sugar Industry, Presidential Decree No. 788 (Phil. 1975)
Related Laws
- General Supervision and Control of Secretary of Labor Over Social Amelioration Program in the Sugar IndustryPresidential Decree No. 621 • Dec 21, 1974 • Presidential Issuances
- Maintenance of the Viability of the Sugar Industry and Improvement of the Quality of Working Life of Sugar WorkersLetter of Instructions No. 1209 • Mar 9, 1982 • Presidential Issuances
- On the P50 Million Rice Loan Program for the Sugar Workers Pursuant to LOI 1452Letter of Implementation No. 154 • May 22, 1985 • Presidential Issuances
- Constituting a Sugar Workers Death Benefit FundLetter of Instructions No. 1232 • May 1, 1982 • Presidential Issuances
- Organization of an Inter-Agency Emergency Task Force on the Sugar IndustryLetter of Instructions No. 1452 • Mar 28, 1985 • Presidential Issuances
- Profit Distribution Scheme between NASUTRA and Sugar ProducersLetter of Instructions No. 1016 • May 1, 1980 • Presidential Issuances
Browse More Presidential Issuances
Explore other laws in the Presidential Issuances category.
View All Presidential IssuancesNeed Help Understanding This Law?
Ask our AI assistant to explain provisions, implications, or related laws.
Ask AI About This Law