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    RESIDENTIAL DECREE NO. 1464

    A DECREE TO CONSOLIDATE AND CODIFY ALL THE TARIFF AND

    CUSTOMS LAWS OF THE PHILIPPINES

    chan robles virtual law library

    WHEREAS, the Tariff a! C"#t$%# C$!e $f the Phi&i''ie# ($) a# Re'"*&i+ A+tN$. 1-ha# *ee a%e!e! */ #e0era& Pre#i!etia& De+ree# !ati *a+( t$ the

    /ear 123 chan robles virtual law librarychan robles virtual law library

    WHEREAS, there ei#t i the #ai! C$!e a #"*#tatia& "%*er $f 'r$0i#i$#

    re!ere! $*#$&ete */ #"*#e5"et i##"a+e# $f a%e!at$r/ &a)#, !e+ree# a!ee+"ti0e $r!er# there*/ %a(i it i%'erati0e t$ +$#$&i!ate, +$!if/ a! iterate

    #"+h a%e!at$r/ &a)#, !e+ree# a! ee+"ti0e $r!er# t$ har%$ie their 'r$0i#i$#f$r the 'r$'er "i!a+e $f the '"*&i+ a! effi+iet a!%ii#trati$ there$f3chan robles virtual law library

    WHEREAS, there &i(e)i#e ei#t i the #ai! C$!e +ertai 'r$0i#i$# )hi+h arei%'ra+ti+a& i a''&i+ati$, th"#, e+e##itati re0i#i$ i $r!er t$ if"#e f&ei*i&it/,

    (ee' 'a+e )ith the +hai ee!# a! !e%a!# $f tra!e a! +$%%er+e a# )e&&a# #trethe the '"iti0e f$r+e $f the &a) aai#t #%"&i a! $ther f$r%# $f

    +"#t$%# fra"!.chan robles virtual law library

    NOW, THEREFORE, I, FERDINAND E. MARCOS, Pre#i!et $f the Re'"*&i+ $f the

    Phi&i''ie#, */ 0irt"e $f the '$)er# i %e 0e#te! */ the C$#tit"ti$, !$ here*/$r!er a! !e+ree a# f$&&$)#7 +har$*&e#0irt"a&&a)&i*rar/

    Se+ti$ 1. C$!ifi+ati$ $f a&& Tariff a! C"#t$%# La)#. 8 A&& tariff a! +"#t$%#

    &a)# e%*$!ie! i the 're#et Tariff a! C"#t$%# C$!e a! 0ari$"# &a)#,'re#i!etia& !e+ree# a! ee+"ti0e $r!er# i+&"!i e) a%e!%et# theret$%a!e i thi# De+ree, are here*/ +$#$&i!ate! it$ a #i&e C$!e t$ *e ($) a#

    the Tariff a! C"#t$%# C$!e $f 19 )hi+h #ha&& f$r% a itera& 'art $f thi#De+ree.chan robles virtual law librarySe+. 2. Effe+ti0it/. 8 The 'r$0i#i$# $f the Tariff a! C"#t$%# C$!e $f 19 #ha&&ta(e effe+t i%%e!iate&/ )ith$"t 're:"!i+e, h$)e0er, t$ effe+ti0it/ !ate# $f the

    0ari$"# &a)#, !e+ree# a! ee+"ti0e $r!er# )hi+h ha0e #$ far a%e!e! the'r$0i#i$# $f the Tariff a! C"#t$%# C$!e $f the Phi&i''ie#7 Provided, however,

    that the tariff rate# i!i+ate! i the 're0i$"# ee+"ti0e $r!er# are $) here*/+$#i!ere! #tat"t$r/ rate#, e+e't th$#e )hi+h ha0e *ee re!"+e! t$ the er$

    &e0e&, i )hi+h +a#e the rate# 're0i$"# t$ the re!"+ti$ )i&& *e +$#i!ere! the#tat"t$r/ rate#.

    DONE i the Cit/ $f Mai&a, thi# 11th !a/ ;"e, i the /ear $f O"r L$r!, ieteeh"!re! a! #e0et/

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    chan robles virtual law librarychan robles virtual law l ibrary

    TARIFF AND CUSTOMS CODE OF THE PHILIPPINESchan robles virtual law library

    (As Amended by Eexecutive Orders Nos.. 1, 2, 5, 8, 61, !, 115, 116" 1!8, #eries o$ 1!%

    chan robles virtual law librarychan robles virtual law library

    TITLE 1IMPORT TARIFF

    chan robles virtual law librarySe+ti$ 1==. I%'$rte! Arti+&e# S"*:e+t t$ D"t/. 8 A&& arti+&e#, )he i%'$rte! fr$%

    a/ f$rei +$"tr/ it$ the Phi&i''ie#, #ha&& *e #"*:e+t t$ !"t/ "'$ ea+hi%'$rtati$, e0e th$"h 're0i$"#&/ e'$rte! fr$% the Phi&i''ie#, e+e't a#

    $ther)i#e #'e+ifi+a&&/ 'r$0i!e! f$r i thi# C$!e i $ther &a)#.Se+. 1=1. Pr$hi*ite! I%'$rtati$#. 8 The i%'$rtati$ it$ the Phi&i''ie# $f the

    f$&&$)i arti+&e# i# 'r$hi*ite!7+har$*&e#0irt"a&&a)&i*rar/>a? D/a%ite, "'$)!er, a%%"iti$# a! $ther e'&$#i0e#, firear%# a!)ea'$# $f )ar, a! 'art# there$f, e+e't )he a"th$rie! */ &a).

    >*? Writte $r 'rite! arti+&e# i a/ f$r% +$taii a/ %atter a!0$+ati $r

    i+iti trea#$, $r re*e&&i$, $r i#"rre+ti$, #e!iti$ $r #"*0er#i$ aai#t the@$0er%et $f the Phi&i''ie#, $r f$r+i*&e re#i#ta+e t$ a/ &a) $f the Phi&i''ie#,

    $r +$taii a/ threat t$ ta(e the &ife $f, $r if&i+t *$!i&/ har% "'$ a/ 'er#$i the Phi&i''ie#.

    >+? Writte $r 'rite! arti+&e#, eati0e# $r +ie%at$ra'hi+ fi&%, 'h$t$ra'h#,era0i#, &ith$ra'h#, $*:e+t#, 'aiti#, !ra)i# $r $ther re're#etati$ $f a

    $*#+ee $r i%%$ra& +hara+ter.>!? Arti+&e#, i#tr"%et#, !r"# a! #"*#ta+e# !e#ie!, ite!e! $r a!a'te! f$r

    'r$!"+i "&a)f"& a*$rti$, $r a/ 'rite! %atter )hi+h a!0erti#e# $r !e#+ri*e#$r i0e# !ire+t&/ $r i!ire+t&/ if$r%ati$ )here, h$), $r */ )h$% "&a)f"&

    a*$rti$ i# 'r$!"+e!.

    >e? R$"&ette )hee, a%*&i $"tfit#, &$a!e! !i+e, %ar(e! +ar!#, %a+hie#,

    a''arat"# $r %e+hai+a& !e0i+e# "#e! i a%*&i $r the !i#tri*"ti$ $f %$e/,+iar#, +iarette# $r $ther arti+&e# )he #"+h !i#tri*"ti$ i# !e'e!et $ +ha+e,

    i+&"!i :a+('$t a! 'i*a&& %a+hie# $r #i%i&ar +$tri0a+e#, $r 'art# there$f.

    >f? L$tter/ a! #)ee'#ta(e# ti+(et# e+e't th$#e a"th$rie! */ the Phi&i''ie@$0er%et, a!0erti#e%et# there$f, a! &i#t# $f !ra)i# therei.

    >? A/ arti+&e %a"fa+t"re! i )h$&e $r i 'art $f $&!, #i&0er $r $ther 're+i$"#

    %eta $r a&&$/# there$f, the #ta%'#, *ra!# $r %ar(# $r )hi+h !$ $t i!i+ate thea+t"a& fiee## $f 5"a&it/ $f #ai! %eta $r a&&$/#.chan robles virtual law library

    >h? A/ a!"&terate! $r %i#*ra!e! arti+&e# $f f$$! $r a/ a!"&terate! $r%i#*ra!e! !r" i 0i$&ati$ $f the 'r$0i#i$# $f the F$$! a! Dr"# A+t.

    >i? Mari:"aa, $'i"%, 'i'e#, +$+a &ea0e#, her$i $r a/ $ther ar+$ti+# $r #/theti+!r"# )hi+h are $r %a/ hereafter *e !e+&are! ha*it f$r%i */ the Pre#i!et $f

    http://www.chanrobles.com/republicactno3720.htmhttp://www.chanrobles.com/republicactno3720.htm
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    the Phi&i''ie#, $r a/ +$%'$"!, %a"fa+t"re! #a&t, !eri0ati0e, $r 're'arati$there$f, e+e't )he i%'$rte! */ the @$0er%et $f the Phi&i''ie# $r a/ 'er#$

    !"&/ a"th$rie! */ the Daer$"# Dr"# B$ar!, f$r %e!i+ia& '"r'$#e# $&/.>:? O'i"% 'i'e# a! 'art# there$f, $f )hate0er %ateria&.

    >(? A&& $ther arti+&e# a! 'art# there$f, the i%'$rtati$ $f )hi+h 'r$hi*ite! */ &a)

    $r r"&e# a! re"&ati$# i##"e! */ +$%'etet a"th$rit/. (As &mended byPresidenti&' ecree No. )!%

    Se+. 1=2. A**re0iati$#. 8 The f$&&$)i a**re0iati$# "#e! i thi# C$!e #ha&&

    re're#et the ter%# i!i+ate!7 +har$*&e#0irt"a&&a)&i*rar/a! 0a&. F$r a! 0a&$re%..chan robles virtual law librarye.. F$r ee%'&i ratia %eai f$r ea%'&e.chan robles virtual law libraryi.e. F$r i! e#t %eai that i#h!. F$r hea!.

    ( F$r (i&$ra%%e.

    (#. F$r (i&$ra%%e#.

    & F$r &itre.

    .). F$r r$## )eiht.

    &.). F$r &ea& )eiht.

    .). F$r et )eiht.

    Se+. 1=-. @eera& R"&e# f$r the Iter'retati$ $f the Har%$ie! S/#te%. 8C&a##ifi+ati$ $f $$!# i the N$%e+&at"re #ha&& *e $0ere! */ the f$&&$)i

    'ri+i'&e#7+har$*&e#0irt"a&&a)&i*rar/1. The tit&e# $f Se+ti$#, Cha'ter# a! S"*$r fa&&i t$ *e +&a##ifie! a# +$%'&ete $r fii#he! */ 0irt"e $f thi#R"&e?, 're#ete! "a##e%*&e! $r !i#a##e%*&e!.chan robles virtual law library>*? A/ refere+e i a hea!i t$ a %ateria& $r #"*#ta+e #ha&& *e ta(e t$ i+&"!e

    a refere+e t$ %it"re# $r +$%*iati$# $f that %ateria& $r #"*#ta+e )ith $ther%ateria $r #"*#ta+e#.A/ refere+e t$ $$!# $f a i0e %ateria& $r #"*#ta+e

    #ha&& *e ta(e t$ i+&"!e a refere+e t$ $$!# +$#i#ti )h$&&/ $r 'art&/ $f #"+h%ateria& $r #"*#ta+e.The +&a##ifi+ati$ $f $$!# +$#i#ti $r %$re tha $e

    %ateria& $r #"*#ta+e #ha&& *e a++$r!i t$ the 'ri+i'&e# $f R"&e -.

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    -. Whe */ a''&i+ati$ $f R"&e 2 >*? $r f$r a/ $ther rea#$, $$!# are, 'ri%afa+ie, +&a##ifia*&e "!er t)$ $r %$re hea!i#, +&a##ifi+ati$ #ha&& *e effe+te! a#

    f$&&$)#7+har$*&e#0irt"a&&a)&i*rar/>a? The hea!i )hi+h 'r$0i!e# the %$#t #'e+ifi+ !e#+ri'ti$ #ha&& *e 'referre! t$

    hea!i# 'r$0i!i a %$re eera& !e#+ri'ti$. H$)e0er, )he t)$ $r %$rehea!i# ea+h refer t$ 'art $&/ $f the %ateria $r #"*#ta+e# +$taie! i %ie!

    $r +$%'$#ite $$!# $r t$ 'art $&/ $f the ite%# i a #et '"t f$r retai& #a&e, th$#ehea!i# are t$ *e rear!e! a# e5"a&&/ #'e+ifi+ i re&ati$ t$ th$#e $$!#, e0e if$e $f the% i0e# a %$re +$%'&ete $r 're+i#e !e#+ri'ti$ $f the $$!#..chan robles virtual law library>*? Mit"re#, +$%'$#ite $$!# +$#i#ti $f !ifferet %ateria $r %a!e "' $f!ifferet +$%'$et#, a! $$!# '"t "' i #et# f$r retai& #a&e, )hi+h +a$t *e

    +&a##ifie! */ refere+e t$ ->a?, #ha&& *e +&a##ifie! a# if the/ +$#i#te! $f the%ateria& $r +$%'$et )hi+h i0e# the% their e##etia& +hara+ter i#$far a# thi#

    +riteri$ i# a''&i+a*&e.

    >+? Whe $$!# +a$t *e +&a##ifie! */ refere+e t$ - >a? $r - >*?, the/ #ha&& *e

    +&a##ifie! "!er the hea!i )hi+h $++"r# &a#t i "%eri+a& $r!er a%$ th$#e)hi+h e5"a&&/ %erit +$#i!erati$.

    4. @$$!# )hi+h +a$t *e +&a##ifie! i a++$r!a+e )ith the a*$0e R"&e# #ha&& *e+&a##ifie! "!er the hea!i a''r$'riate t$ the $$!# t$ )hi+h the/ are %$#t a(i.

    .chan robles virtual law library. I a!!iti$ t$ the f$re$i 'r$0i#i$#, the f$&&$)i R"&e# #ha&& a''&/ i

    re#'e+t t$ the $$!# referre! t$ therei7 +har$*&e#0irt"a&&a)&i*rar/>a? Ca%era +a#e#, %"#i+a& i#tr"%et +a#e#, " +a#e#, !ra)i i#tr"%et +a#e#,e+(&a+e +a#e# a! #i%i&ar +$taier#, #'e+ifi+a&&/ #ha'e! $r fitte! t$ +$tai a

    #'e+ifi+ arti+&e $r #et $f arti+&e#, #"ita*&e f$r &$

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    The rate# $f !"t/ herei 'r$0i!e! $r #"*#e5"et&/ fie! '"r#"at t$ Se+ti$ f$"rh"!re! $e $f thi# C$!e #ha&& *e #"*:e+t t$ 'eri$!i+ i0e#tiati$ */ the Tariff

    C$%%i##i$ a! %a/ *e re0i#e! */ the Pre#i!et "'$ re+$%%e!ati$ $f theNati$a& E+$$%i+ a! De0e&$'%et A"th$rit/.The rate# $f !"t/ herei 'r$0i!e! #ha&& a''&/ t$ a&& 'r$!"+t# )hether i%'$rte!!ire+t&/ $r i!ire+t&/ $f a&& f$rei +$"trie#, )hi+h !$ $t !i#+ri%iate aai#t

    Phi&i''ie e'$rt 'r$!"+t#. A a!!iti$a& 1== a+r$##e.., fi#he#, +r"#ta+ea#, %$&&"#(#, %arie ai%a,

    #ea)ee!#, fi#h $i&, r$e?, +a"ht $r athere! */ fi#hi 0e##e $f Phi&i''ierei#tr/7 Pr$0i!e!, That the/ are i%'$rte! i #"+h 0e##e $r i +raft# atta+he!

    theret$7 A! 'r$0i!e!, f"rther, That the/ ha0e $t *ee &a!e! i a/ f$rei

    territ$r/ $r, if #$ &a!e!, the/ ha0e *ee &a!e! #$&e&/ f$r tra##hi'%et )ith$"tha0i *ee a!0a+e! i +$!iti$3chan robles virtual law library*. E5"i'%et f$r "#e i the #a&0ae $f 0e##e $r air+raft#, $t a0ai&a*&e &$+a&&/,

    "'$ i!etifi+ati$ a! the i0i $f a *$! i a a%$"t e5"a& t$ $e a! $e6? %$th# fr$% the !ate $f a++e'ta+e $f the i%'$rt etr/7

    Pr$0i!e!, That the C$&&e+t$r $f C"#t$%# %a/ ete! the ti%e f$r e'$rtati$ $r'a/%et $f !"tie#, tae# a! $ther +hare# f$r a ter% $t e+ee!i #i >6?

    %$th# fr$% the e'irati$ $f the $riia& 'eri$!3chan robles virtual law library+. C$#t $f re'air#, e+&"!i the 0a&"e $f the arti+&e "#e!, %a!e i f$rei

    +$"trie# "'$ 0e##e $r air+raft !$+"%ete!, rei#tere! $r &i+e#e! i the

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    Phi&i''ie#, "'$ 'r$$f #ati#fa+t$r/ t$ the C$&&e+t$r $f C"#t$%# >1? that a!e5"atefa+i&itie# f$r #"+h re'air# are $t aff$r!e! i the Phi&i''ie#, $r >2? that #"+h

    0e##e $r air+raft#, )hi&e i the re"&ar +$"r#e $f her 0$/ae $r f&iht )a#+$%'e&&e! */ #tre## $f )eather $r $ther +a#"a&t/ t$ '"t it$ a f$rei '$rt t$ %a(e

    #"+h re'air# i $r!er t$ #e+"re the #afet/, #ea)$rthie## $r air)$rthie## $f the0e##e& $r air+raft t$ ea*&e her t$ rea+h her '$rt $f !e#tiati$3

    !. Arti+&e# *r$"ht it$ the Phi&i''ie# f$r re'air, 'r$+e##i $r re+$!iti$i t$*e reP2,===.==?7 Pr$0i!e! f"rther, That the ret"ri re#i!et# ha0e $t're0i$"#&/ re+ei0e! the *eefit "!er thi# #e+ti$ )ithi $e /ear fr$% a! after

    the &a#t ee%'ti$ rate!7 Pr$0i!e! f"rther%$re, That a fift/ >=? 'er +et a!0a&$re% !"t/ a+r$## the *$ar! #ha&& *e &e0ie! a! +$&&e+te! $ the 'er#$a& a!

    h$"#eh$&! effe+t# >e+e't &""r/ ite%#? i e+e## $f t)$ th$"#a! 'e#$#>P2,===.==?7 A! 'r$0i!e!, fia&&/, That the 'er#$a& a! h$"#eh$&! effe+t#

    >e+e't &""r/ ite%#? $f a ret"ri re#i!et )h$ ha# $t #ta/e! a*r$a! f$r #i>6? %$th# #ha&& *e #"*:e+t t$ fift/ >=?'er +et a! 0a&$re% !"t/ a+r$## the *$ar!,

    the t$ta& !"tia*&e 0a&"e $f )hi+h !$e# $t e+ee! t)$ th$"#a! 'e#$#>P2,===.==?3 a/ e+e## #ha&& *e #"*:e+t t$ the +$rre#'$!i !"t/ 'r$0i!e! i

    thi# C$!e3

    . Weari a''are&, arti+&e# $f 'er#$a& a!$r%et, t$i&et arti+&e#, '$rta*&e t$$

    a! i#tr"%et#, theatri+a& +$#t"%e# a! #i%i&ar effe+t# a++$%'a/i tra0e&er#,$r t$"ri#t#. $r arri0i )ithi a rea#$a*&e ti%e *ef$re a! after their arri0a& i

    the Phi&i''ie#, )hi+h are e+e##ar/ a! a''r$'riate f$r the )ear a! "#e $f #"+h

    'er#$# a++$r!i t$ the at"re $f the :$"re/, their +$%f$rt a! +$0eie+e7Pr$0i!e!, That thi# ee%'ti$ #ha&& $t a''&/ t$ arti+&e# ite!e! f$r $ther

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    'er#$# $r f$r *arter, #a&e $r hire7 Pr$0i!e!, f"rther, That the C$&&e+t$r $f C"#t$%#%a/, i hi# !i#+reti$, re5"ire either a )ritte +$%%it%et $r a *$! i a

    a%$"t e5"a& t$ $e a! $e-? %$th# fr$% the !ate $fa++e'ta+e $f the i%'$rt etr/7 A! Pr$0i!e! fia&&/, That the C$&&e+t$r $f C"#t$%#

    %a/ ete! the ti%e f$r e'$rtati$ $r 'a/%et $f !"tie#, tae# a! $ther +hare#f$r a ter% $t e+ee!i three >-? %$th# fr$% the e'irati$ $f the $riia&'eri$!3

    6?

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    %$th# fr$% the e'irati$ $f the $riia& 'eri$!3 a! te+hi+a& a! #+ietifi+fi&%# )he i%'$rte! */ te+hi+a&, +"&t"ra& a! #+ietifi+ i#tit"ti$#, a! $t t$ *e

    ehi*ite! f$r 'r$fit7 Pr$0i!e!, f"rther, That if a/ $f the #ai! fi&%# i# ehi*ite! f$r'r$fit, the 'r$+ee!# therefr$% #ha&& *e #"*:e+t t$ +$fi#+ati$, i a!!iti$ t$ the

    'ea&t/ 'r$0i!e! "!er Se+ti$ Thirt/

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    air+raft eae! i f$rei tra!e, f$r "#e $r +$#"%'ti$ $f the 'a##eer# $r it#+re) $ *$ar! #"+h 0e##e& $r air+raft# a# #ea $r air #t$re#3 $r arti+&e# '"r+ha#e!

    a*r$a! f$r #a&e $ *$ar! a 0e##e& $r air+raft a# #a&$$ #t$re# $r air #t$re #"''&ie#7Pr$0i!e!, That a/ #"r'&"# $r e+e## $f #"+h 0e##e& $r air+raft #"''&ie# arri0i

    fr$% f$rei '$rt# $r air'$rt# #ha&& *e !"tia*&e3

    $. Arti+&e# a! #a&0ae fr$% 0e##e re+$0ere! after a 'eri$! $f t)$ >2? /ear# fr$%the !ate $f fi&i the %arie 'r$te#t $r the ti%e )he the 0e##e& )a# )re+(e! $ra*a!$e!, $r 'art# $f a f$rei 0e##e& $r her e5"i'%et, )re+(e!, a*a!$e! i

    Phi&i''ie )ater# $r ee)here7 Pr$0i!e!, That arti+&e# a! #a&0ae re+$0ere!)ithi the #ai! 'eri$! $ft)$ >2? /ear# #ha&& *e !"tia*&e3

    '. C$ffi# $r "r# +$taii h"%a re%ai#, *$e# $r a#he#, "#e! 'er#$a& a!h$"#eh$&! effe+t# >$t %er+ha!i#e? $f the !e+ea#e! 'er#$, e+e't 0ehi+&e#, the

    0a&"e $f )hi+h !$e# $t e+ee! te th$"#a! 'e#$# >P1=,===.==?, "'$i!etifi+ati$ a# #"+h3

    5. Sa%'&e# $f the (i!, i #"+h 5"atit/ a! $f #"+h !i%e#i$ $r +$#tr"+ti$ a#

    t$ re!er the% "#a&a*&e $r $f $ a''re+ia*&e +$%%er+ia& 0a&"e3 %$!e $ta!a'te! f$r 'ra+ti+a& "#e3 a! #a%'&e# $f %e!i+ie#, 'r$'er&/ %ar(e! #a%'&e1? /ear after the i%'$rtati$ $f%ateria "#e! a! +&ai% $f ref"! $r ta +re!it #ha&& *e fi&e! )ithi #i >6?

    %$th# fr$% the !ate $f e'$rtati$3

    . Whe t)$ $r %$re 'r$!"+t# re#"&t fr$% the "#e $f the #a%e i%'$rte! %ateria,a a''$rti$%et #ha&& *e %a!e $ it# e5"ita*&e *a#i#.

    F$r e0er/ a''&i+ati$ $f a !ra)*a+(, there #ha&& *e 'ai! t$ a! +$&&e+te! */ the

    B"rea" $f C"#t$%# a# fi&i, 'r$+e##i a! #"'er0i#i$ fee# the #"% $f Fi0eH"!re! Pe#$# >P==.==? )hi+h a%$"t %a/ *e i+rea#e! $r !e+rea#e! )he the

    ee! ari#e# */ the Se+retar/ $f Fia+e "'$ the re+$%%e!ati$ $f theC$%%i##i$er $f C"#t$%#.chan robles virtual law library!. Pa/%et $f Partia& Dra)*a+(#. 8 The Se+retar/ $f Fia+e %a/, "'$re+$%%e!ati$ $f the C$%%i##i$er $f C"#t$%#, 'r$%"&ate r"&e# a!

    re"&ati$# a&&$)i 'artia& 'a/%et# $f !ra)*a+(# "!er thi# #e+ti$.e. Pa/%et $f the Dra)*a+(#. 8 C&ai%# f$r ref"! $r ta +re!it e&ii*&e f$r #"+h

    *eefit# #ha&& *e 'ai! $r rate! */ the B"rea" $f C"#t$%# t$ +&ai%at# )ithi#it/ >6=? !a/# after re+ei't $f 'r$'er&/ a++$%'&i#he! +&ai%#7 Pr$0i!e!, That a

    rei#tere! eter'ri#e "!er Re'"*&i+ A+t N"%*ere! Fift/

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    're%i"% +$0eri the tra#'$rtati$ $f #"+h arti+&e# t$ the '$rt $f etr/ i thePhi&i''ie#.

    chan robles virtual law library

    Where the fair %ar(et 0a&"e $r 'ri+e $f the arti+&e +a$t *e a#+ertaie! thereat $r

    )here there ei#t# a rea#$a*&e !$"*t a# t$ the faire## $f #"+h 0a&"e $r 'ri+e,the the fair %ar(et 0a&"e $r 'ri+e i the 'ri+i'a& %ar(et i the +$"tr/ $f%a"fa+t"re $r $rii, if it i# $t the +$"tr/ $f e'$rtati$, $r i a thir! +$"tr/

    )ith the #a%e #tae $f e+$$%i+ !e0e&$'%et a# the +$"tr/ $f e'$rtati$ #ha&&*e "#e!.

    chan robles virtual law library

    Whe the !"tia*&e 0a&"e $f the arti+&e +a$t *e a#+ertaie! i a++$r!a+e )ith

    the 're+e!i 'arara'h# $r )here there ei#t# a rea#$a*&e !$"*t a# t$ the +$#t>fair %ar(et 0a&"e? $f the i%'$rte! arti+&e !e+&are! i the etr/, the +$rre+t

    !"tia*&e 0a&"e $f the arti+&e #ha&& *e a#+ertaie! */ the C$%%i##i$er Of C"#t$%#

    fr$% the re'$rt# $f the Re0e"e $r C$%%er+ia& Atta+he >F$rei Tra!e Pr$%$ti$Atta+he?, '"r#"at t$ Re'"*&i+ A+t N"%*ere! Fift/a? $t %$re tha t)et/2? 'er +et there$f f$r e'e#e# a! 'r$fit#3 a!chan robles virtual law library>*? !"tie# a! tae# 'ai! there$. (&s &mended by E.O. 156%

    Se+. 2=2. Ba#e# $f D"tia*&e Weiht. 8 O arti+&e# that are #"*:e+t t$ the #'e+ifi+rate $f !"t/, *a#e! $ )eiht, the !"t/ #ha&& *e a#+ertaie! a# f$&&$)#7+har$*&e#0irt"a&&a)&i*rar/

    >a? Whe arti+&e# are !"tia*&e */ the r$## )eiht, the !"tia*&e )eiht there$f#ha&& *e the )eiht $f #a%e, t$ether )ith the )eiht $f a&& +$taier#, 'a+(ae#,

    h$&!er# a! 'a+(i, $f a/ (i!, i )hi+h #ai! arti+&e# are +$taie!, he&! $r

    'a+(e! at the ti%e $f i%'$rtati$.chan robles virtual law library>*? Whe arti+&e# are !"tia*&e */ the &ea& )eiht there$f #ha&& *e the )eiht $f#a%e, t$ether )ith the )eiht $f the i%%e!iate +$taier#, h$&!er# a!$r

    'a+(i i )hi+h #"+h arti+&e# are "#"a&&/ +$taie!, he&! $r 'a+(e! at the ti%e $fi%'$rtati$ a!$r, )he i%'$rte! i retai& 'a+(ae#, at the ti%e $f their #a&e t$

    the '"*&i+ i "#"a& retai& 5"atitie#7+har$*&e#0irt"a&&a)&i*rar/Pr$0i!e!, That )he arti+&e# are 'a+(e! i #i&e +$taier, the )eiht $f the

    &atter #ha&& *e i+&"!e! i the &ea& )eiht.chan robles virtual law library

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    >+? Whe arti+&e# are !"tia*&e */ the et )eiht, the !"tia*&e )eiht there$f #ha&&*e $&/ the a+t"a& )eiht $f the arti+&e# at the ti%e $f i%'$rtati$, e+&"!i the

    )eiht $f the i%%e!iate a! a&& $ther +$taier#, h$&!er# $r 'a+(i i )hi+h #"+harti+&e# are +$taie!, he&! $r 'a+(e!.chan robles virtual law library>!? Arti+&e# affie! t$ +ar!*$ar!, +ar!#, 'a'er, )$$! $r #i%i&ar +$%%$ %ateria&

    #ha&& *e !"tia*&e t$ether )ith the )eiht $f #"+h h$&!er#.>e? Whe a #i&e 'a+(ae +$tai# i%'$rte! arti+&e# !"tia*&e a++$r!i t$!ifferet )eiht#, $r t$ )eiht a! 0a&"e, the +$%%$ eteri$r re+e'ta+&e# #ha&&

    *e 'r$rate! a! the !ifferet 'r$'$rti$# there$f treate! i a++$r!a+e )ith the'r$0i#i$# $f thi# C$!e a# t$ the !"tia*i&it/ $r $

    i f$rei +"rre+/ #ha&& *e +$0erte! it$ the +"rre+/ $f the Phi&i''ie# at the+"rret rate $f e+hae $r 0a&"e #'e+ifie! $r '"*&i#he!, fr$% ti%e t$ ti%e, */ the

    Cetra& Ba( $f the Phi&i''ie#.

    chan robles virtual law library

    Se+. 2=4. Effe+ti0e Date $f Rate# $f I%'$rt D"t/. 8 I%'$rte! arti+&e# #ha&& *e

    #"*:e+t t$ the rate $r rate# $f i%'$rt !"t/ ei#ti at the ti%e $f etr/, $r)ith!ra)a& fr$% )areh$"#e, i the Phi&i''ie#, f$r +$#"%'ti$.

    O a! after the !a/ )he thi# C$!e #ha&& $ it$ effe+t, a&& arti+&e# 're0i$"#&/i%'$rte!, f$r )hi+h $ etr/ ha# *ee %a!e, a! a&& arti+&e# 're0i$"#&/ etere!

    )ith$"t 'a/%et $f !"t/ a! "!er *$! f$r )areh$"#i, tra#'$rtati$, $r a/$ther '"r'$#e, f$r )hi+h $ 'er%it $f !e&i0er/ t$ the i%'$rter $r hi# aet ha#

    *ee i##"e!, #ha&& *e #"*:e+t t$ the rate# $f a/ !"t/ i%'$#e! */ thi# C$!e a! t$a/ $ther !"t/, "'$ the etr/, $r )ith!ra)a& there$f fr$% )areh$"#e, f$r

    +$#"%'ti$.

    O arti+&e a*a!$e! $r f$rfeite! t$, $r #eie! */, the $0er%et, a! the #$&!

    at '"*&i+ a"+ti$, the rate# $f !"t/ a! the tariff i f$r+e $ the !ate $f the a"+ti$#ha&& a''&/7 Pr$0i!e!, That !"t/ *a#e! $ the )eiht, 0$&"%e a! 5"atit/ $f

    arti+&e# #ha&& *e &e0ie! a! +$&&e+te! $ the )eiht, 0$&"%e a! 5"atit/ at theti%e $f their etr/ it$ the )areh$"#e $r the !ate $f a*a!$%et, f$rfeit"re

    a!$r #ei"re.

    Se+. 2=. Etr/, $r With!ra)a& fr$% Wareh$"#e, f$r C$#"%'ti$. 8 I%'$rte!arti+&e# #ha&& *e !ee%e! etere! i the Phi&i''ie# f$r +$#"%'ti$ )he the

    #'e+ifie! etr/ f$r% i# 'r$'er&/ fi&e! a! a++e'te!, t$ether )ith a/ re&ate!

    !$+"%et# re5"ire! */ the 'r$0i#i$# $f thi# C$!e a!$r re"&ati$# t$ *e fi&e!

    )ith #"+h f$r% at the ti%e $f etr/, at the '$rt $r #tati$ */ the +"#t$%# $ffi+ia&!e#iate! t$ re+ei0e #"+h etr/ 'a'er# a! a/ !"tie#, tae#, fee# a!$r $ther&a)f"& +hare# re5"ire! t$ *e 'ai! at the ti%e $f %a(i #"+h etr/ ha0e *ee

    'ai! $r #e+"re! t$ *e 'ai! )ith the +"#t$%# $ffi+ia& !e#iate! t$ re+ei0e #"+h%$ie#, 'r$0i!e! that the arti+&e ha# 're0i$"#&/ arri0e! )ithi the &i%it# $f the

    '$rt $f etr/.

    I%'$rte! arti+&e# #ha&& *e !ee%e! )ith!ra) fr$% )areh$"#e i the Phi&i''ie#

    f$r +$#"%'ti$ )he the #'e+ifie! f$r% i# 'r$'er&/ fi&e! a! a++e'te!, t$ether

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    )ith a/ re&ate! !$+"%et# re5"ire! */ a/ 'r$0i#i$# $f thi# C$!e a!$rre"&ati$# t$ *e fi&e! )ith #"+h f$r% at the ti%e $f )ith!ra)a&, */ the +"#t$%#

    $ffi+ia& !e#iate! t$ re+ei0e the )ith!ra)a& etr/ a! a/ !"tie#, tae#, fee#a!$r $ther &a)f"& +hare# re5"ire! t$ *e 'ai! at the ti%e $f )ith!ra)a& ha0e

    *ee !e'$#ite! )ith the +"#t$%# $ffi+ia& !e#iate! t$ re+ei0e #"+h 'a/%et.chan robles virtual law library

    PART 2SPECIAL DUTIES

    chan robles virtual law library

    Se+. -=1. D"%'i D"t/. 8

    a. Whee0er the Se+retar/ $f Fia+e >hereiafter +a&&e! the Se+retar/? ha#rea#$ t$ *e&ie0e, fr$% i0$i+e# $r $ther !$+"%et# $r e)#'a'er#, %aaie# $r

    if$r%ati$ %a!e a0ai&a*&e */ a/ $0er%et ae+/ $r itere#te! 'art/, that a#'e+ifi+ (i! $r +&a## $f f$rei arti+&e, i# *ei i%'$rte! it$, $r #$&! $r i# &i(e&/ t$

    *e #$&! i the Phi&i''ie#, at a 'ri+e &e## tha it# fair 0a&"e, the i%'$rtati$ a!#a&e $f )hi+h %iht i:"re, $r retar! the e#ta*&i#h%et $f, $r i# &i(e&/ t$ i:"re, a

    i!"#tr/ 'r$!"+i &i(e $$!# i the Phi&i''ie#, he #ha&& #$ a!0i#e the TariffC$%%i##i$ >hereiafter +a&&e! the C$%%i##i$?, a! #ha&& i#tr"+t the C$&&e+t$r$f C"#t$%# t$ re5"ire a ati

    a''&/7+har$*&e#0irt"a&&a)&i*rar/i. If the h$%e +$#"%'ti$ 'ri+e i# "re&ia*&e *e+a"#e $f a##$+iati$ $r a+$%'e#at$r/ arrae%et *et)ee the e'$rter a! the i%'$rter $r a thir!

    'art/, $r if the 5"a&it/ $f &i(e t$ #i%i&ar arti+&e# #$&! */ the 'r$!"+er# f$r h$%e+$#"%'ti$ i# e&ii*&e i re&ati$ t$ the 5"a&it/ #$&! f$r e'$rtati$ t$

    +$"trie# $ther tha the Phi&i''ie# a# t$ *e a ia!e5"ate *a#i# f$r +$%'ari#$,the the fair 0a&"e $f the arti+&e# #ha&& *e *a#e! fr$% the e'$rt 'ri+e $f &i(e

    arti+&e# #$&! t$ +$"trie# $ther tha the Phi&i''ie#, $rchan robles virtual law libraryii. If the +$"tr/ $f e'$rt i# a #tate

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    2. Deter%ie if, a# a re#"&t there$f, a i!"#tr/ 'r$!"+i &i(e $$!# i thePhi&i''ie#, i# *ei i:"re! $r i# &i(e&/ t$ *e i:"re! $r i# retar!e! fr$% *ei

    e#ta*&i#he! */ rea#$ $f the i%'$rtati$ $r #a&e $f that (i! $r +&a## $f arti+&e it$the Phi&i''ie#7 Pr$0i!e!, That a fi!i that a arti+&e i# *ei i%'$rte! it$ the

    Phi&i''ie# at a 'ri+e &e## tha it# fair %ar(et 0a&"e #ha&& *e !ee%e! 'ri%a fa+ie'r$$f $f i:"r/, $r retar!i the e#ta*&i#h%et $f a i!"#tr/ 'r$!"+i &i(e $$!#

    i the Phi&i''ie#7 A! 'r$0i!e!, f"rther, That i !eter%ii )hether the!$%e#ti+ i!"#tr/ ha# #"ffere! i# *ei threatee! )ith i:"r/, the C$%%i##i$#ha&& !eter%ie )hether the )h$&e#a&e 'ri+e# at )hi+h the !$%e#ti+ 'r$!"+t# are

    #$&! are rea#$a*&e, ta(i it$ a++$"t the +$#t $f ra) %ateria, &a*$r,

    $0erhea!, a fair ret"r $ i0e#t%et a! the $0era&& effi+ie+/ $f the i!"#tr/3a!-. A#+ertai the !iffere+e, if a/, *et)ee the '"r+ha#e 'ri+e a! the fair %ar(et0a&"e $f the arti+&e. The C$%%i##i$ #ha&& #"*%it it# fi!i# t$ the Se+retar/

    )ithi #it/ >6=? !a/# after the #"*%i##i$ $f the %e%$ra!a $f the 'artie# )hi+h#ha&& $t *e &ater tha fiftee >1? !a/# after the ter%iati$ $f the '"*&i+ heari.

    +. The Se+retar/ #ha&&, )ithi #it/ >6=? !a/# after re+ei't $f the re'$rt $f theC$%%i##i$, !e+i!e )hether the arti+&e i 5"e#ti$ i# *ei i%'$rte! i 0i$&ati$

    $f thi# #e+ti$ a! #ha&& i0e !"e $ti+e $f #"+h !e+i#i$ a! #ha&& !ire+t theC$%%i##i$er $f C"#t$%# t$ +a"#e the !"%'i !"t/, t$ *e &e0ie!, +$&&e+te! a!

    'ai!, a# 're#+ri*e! i thi# #e+ti$, i a!!iti$ t$ a/ $ther !"tie#, tae# a!+hare# a# 're#+ri*e! i thi# #e+ti$, a!!iti$ t$ a/ $ther !"tie#, tae# a!

    +hare# i%'$#e! */ &a) $ #"+h arti+&e, a! $ the arti+&e# $f the #a%e #'e+ifi+(i! $r +&a## #"*#e5"et&/ i%'$rte! "!er #i%i&ar +ir+"%#ta+e# +$%i fr$% the

    #'e+ifi+ +$"tr/.chan robles virtual law library!. The D"%'i D"t/ a# 'r$0i!e! f$r i #"*6=?!a/# i%%e!iate&/ 're+e!i the fi&i $f the 'r$te#t are +$0ere! */ thei0e#tiati$. H$)e0er, i +a#e# $f #"*#e5"et i%'$rtati$# $f the #a%e (i! $r

    +&a## $f arti+&e fr$% the #'e+ifi+ +$"tr/ a%e! i the 'r$te#t, the !"%'i !"t/#ha&& *e e5"a& t$ the !iffere+e *et)ee the a+t"a& '"r+ha#e 'ri+e a! the fair

    0a&"e a+t"a&&/ ei#ti at the ti%e $f i%'$rtati$ a# !eter%ie! */ the TariffC$%%i##i$ fr$% the #"''$rti !$+"%et# #"*%itte! $r fr$% $ther re&ia*&e

    #$"r+e#.chan robles virtual law librarye. Pe!i i0e#tiati$ a! fia& !e+i#i$ $f the +a#e, the arti+&e i 5"e#ti$, a!arti+&e# $f the #a%e #'e+ifi+ (i! $r +&a## #"*#e5"et&/ i%'$rte! "!er #i%i&ar

    +ir+"%#ta+e#, #ha&& *e re&ea#e! t$ the $)er, i%'$rter, +$#iee $r aet "'$

    the i0i $f a *$! i a a%$"t e5"a& t$ t)i+e the e#ti%ate! !"tia*&e 0a&"ethere$f.f. A/ arie0e! 'art/ %a/ a''ea& $&/ the a%$"t $f the !"%'i !"t/ t$ theC$"rt $f Ta A''ea i the #a%e %aer a! )ithi the #a%e 'eri$! 'r$0i!e! f$r

    */ &a) i the +a#e $f a''ea& fr$% !e+i#i$ $f the C$%%i##i$er $f C"#t$%#.

    . >1? The arti+&e, if it ha# $t *ee 're0i$"#&/ re&ea#e! "!er *$! a# 'r$0i!e! f$r

    i #"*#e+ti$ e here$f, #ha&& *e re&ea#e! after 'a/%et */ the 'art/ +$+ere!$f the +$rre#'$!i !"%'i !"t/ i a!!iti$ t$ a/ $r!iar/ !"tie#, tae#, a!

    +hare#, if a/, $r re

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    +ertifi+ate i##"e! */ a +$#"&ar $ffi+er $f the Phi&i''ie# at the +$"tr/ $f!e#tiati$3 $r

    >2? If the arti+&e ha# *ee 're0i$"#&/ re&ea#e! "!er *$!, a# 'r$0i!e! i

    #"*#e+ti$ e here$f, the 'art/ +$+ere! #ha&& *e re5"ire! t$ 'a/ the+$rre#'$!i !"%'i !"t/ i a!!iti$ t$ a/ $r!iar/ !"tie#, tae# a! +hare#,

    if a/.

    h. A/ i0e#tiati$ t$ *e +$!"+te! */ the C$%%i##i$ "!er thi# #e+ti$ #ha&&i+&"!e a '"*&i+ heari $r heari# )here the i%'$rter, +$#iee $r aet, $f

    the i%'$rte! arti+&e, the &$+a& 'r$!"+er# $f a &i(e arti+&e, $ther 'artie# !ire+t&/affe+te!, a! #"+h $ther 'artie# a# i the :"!%et $f the C$%%i##i$ are etit&e!

    t$ a''ear, #ha&& *e i0e a $''$rt"it/ t$ *e hear! a! t$ 're#et e0i!e+e*eari $ the #"*:e+t %atter.

    i. The e#ta*&i#he! !"%'i !"t/ #ha&& *e #"*:e+t t$ a!:"#t%et *a#e! $ the're0ai&i h$%e +$#"%'ti$ 'ri+e $r the e'$rter# #a&e# 'ri+e t$ thir! +$"tr/ $r

    the h$%e +$#"%'ti$ 'ri+e $f a 'r$/ +$"tr/ $r i the a*#e+e there$f, the +$#t

    $f 'r$!"+ti$. The C$%%i##i$ #ha&& +$!"+t 5"arter&/ ea%iati$ a!$r0erifi+ati$ $f the fair 0a&"e t$ !eter%ie the e+e##it/ $f a!:"#t%et. Sh$"&! theSe+retar/, "'$ re+ei't $f the re'$rt $f the C$%%i##i$, fi! that there i# a ee!

    f$r a a!:"#t%et he #ha&& !ire+t the +$%%i##i$er $f C"#t$%# t$ effe+t the

    e+e##ar/ a!:"#t%et i !"%'i !"t/.

    The Phi&i''ie# Fia+e Atta+he $r, i the a*#e+e there$f, the C$%%er+ia&Atta+he $r, i the a*#e+e there$f, the !i'&$%ati+ $ffi+er a!$r +$#"&ar $ffi+er

    a*r$a! #ha&& *e a!0i#e! */ the Se+retar/ $f a/ arti+&e +$0ere! */ !"%'i!e+i#i$. The +$+ere! Atta+he $r the Offi+er #ha&& #"*%it 5"arter&/ re'$rt $

    h$%e +$#"%'ti$ 'ri+e#, $r i the a*#e+e there$f, the +$#t $f 'r$!"+ti$, $f #ai!arti+&e# t$ the Se+retar/ a! the C$%%i##i$, thr" the !e'art%et hea!.

    :. Whee0er the C$%%i##i$, $ it# $) %$ti$ $r "'$ the a''&i+ati$ $f a/itere#te! 'art/, fi!# that a/ $f the +$!iti$# )hi+h e+e##itate! the

    i%'$#iti$ $f the !"%'i !"t/ ha# +ea#e! t$ ei#t, it #ha&& #"*%it the e+e##ar/re+$%%e!ati$ t$ the Se+retar/ f$r the !i#+$ti"a+e $r %$!ifi+ati$ $f #"+h

    !"%'i !"t/. A/ !e+i#i$ $r $r!er %a!e "!er thi# #e+ti$ */ the Se+retar/#ha&& *e '"*&i#he! i the Offi+ia& @aette a!$r i a e)#'a'er $f eera&

    +ir+"&ati$.

    (. A/ !"%'i !e+i#i$ 'r$%"&ate! */ the Se+retar/ #ha&& *e effe+ti0e f$r a'eri$! $f fi0e /ear# fr$% the ti%e $f it# 'r$%"&ati$ e+e't "'$ the

    re're#etati$ $f the itere#te! 'art/ $f the e+e##it/ t$ +$ti"e# the

    i%'&e%etati$ $f #ai! !e+i#i$, i )hi+h +a#e the Se+retar/ #ha&& a!0i+e the

    C$%%i##i$ t$ +$!"+t a i0e#tiati$ t$ !eter%ie )hether the +$!iti$# i'arara'h# *-? %$th# *ef$re the e'irati$ $f the 'eri$!.

    A&& i!"#trie# 'r$te+te! */ a/ !"%'i !e+i#i$ f$r fi0e /ear# $r %$re fr$% theti%e $f it# 'r$%"&ati$ %a/ a''&/ f$r ete#i$ t$ the Se+retar/ )ithi #i >6?

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    %$th# fr$% effe+ti0it/ $f thi# De+ree. The !e+i#i$ #ha&& *e !ee%e! ter%iate!"'$ fai&"re t$ fi&e the a''&i+ati$ )ithi the 'eri$! #$ 'r$0i!e!.Jchan robles virtual law library

    &. The Se+retar/ a! the C$%%i##i$ #ha&& 'r$%"&ate a&& r"&e# a! re"&ati$#

    e+e##ar/ t$ +arr/ $"t their re#'e+ti0e f"+ti$# "!er thi# Se+ti$.

    Se+. -=2. C$"ter0ai&i D"t/. 8

    a. Whee0er a/ arti+&e i# !ire+t&/ $r i!ire+t&/ rate! a/ *$"t/, #"*#i!/ $r

    #"*0eti$ "'$ it# 'r$!"+ti$, %a"fa+t"re $r e'$rtati$ i the +$"tr/ $f$rii a!$r e'$rtati$, a! the i%'$rtati$ $f )hi+h ha# *ee !eter%ie! */

    the Se+retar/, after i0e#tiati$ a! re'$rt $f the C$%%i##i$, a# &i(e&/ t$ i:"rea e#ta*&i#he! i!"#tr/, $r 're0et $r +$#i!era*&/ retar! the e#ta*&i#h%et $f a

    i!"#tr/ i the Phi&i''ie#, there #ha&& *e &e0ie! a +$"ter0ai&i !"t/ e5"a& t$ thea#+ertaie! $r e#ti%ate! a%$"t $f #"+h *$"t/, +$"ter0ai&i !"t/ e5"a& t$ the

    a#+ertaie! $r e#ti%ate! a%$"t $f #"+h *$"t/, #"*#i!/ $r #"*0eti$7 Pr$0i!e!,That the i:"r/ +riteri$ t$ a !$%e#ti+ i!"#tr/ #ha&& *e a''&ie! $&/ i +a#e $f

    i%'$rt# fr$% +$"trie# )hi+h a!here t$ the @ATT C$!e $ S"*#i!ie# a!C$"ter0ai&i D"tie#3 Pr$0i!e! f"rther, That the ee%'ti$ $f a/ e'$rte!

    arti+&e fr$% !"t/ $r ta i%'$#e! $ &i(e arti+&e# )he !e#tie! f$r +$#"%'ti$ ithe +$"tr/ $f $rii a!$r e'$rtati$ $r the ref"!i $f #"+h !"t/ $r ta, #ha&&

    $t *e !ee%e! t$ +$#tit"te a rat $f a *$"t/, #"*#i!/ $r #"*0eti$ )ithi the%eai $f thi# #"*#e+ti$7 Pr$0i!e!, f"rther%$re, That #h$"&! a arti+&e *e

    a&&$)e! !ra)*a+( */ the +$"tr/ $f $rii a!$r e'$rtati$, $&/ the

    a#+ertaie! $r e#ti%ate! e+e## $f the a%$"t $f the !ra)*a+( $0er the t$ta&a%$"t $f the !"tie# a!$r itera& tae#, if a/, #ha&& +$#tit"te a *$"t/,

    #"*#i!/ $r #"*0eti$7 Pr$0i!e!, fia&&/, That 'etiti$# f$r i%'$#iti$ $f

    +$"ter0ai&i !"t/ #ha&& *e fi&e! )ith the Se+retar/ $f Fia+e. U'$ fi!i $f a'ri%a fa+ie +a#e $f *$"t/, #"*#i!/ $r #"*0eti$ e:$/e! */ the i%'$rte! arti+&e

    a! i:"r/ t$, $r &i(e&ih$$! $f i:"r/ t$ a !$%e#ti+ i!"#tr/, the Se+retar/ #ha&&

    refer the +a#e t$ the Tariff C$%%i##i$ f$r i0e#tiati$ f$r i0e#tiati$ a! #ha&&i#tr"+t the C$%%i##i$er $f C"#t$%# t$ re5"ire the fi&i $f +$"ter0ai&i *$!#f$r i%'$rtati$# etere! !"ri the 'e!e+/ $f +$"ter0ai&i'r$+ee!i#3chan robles virtual law library*. The Se+retar/ #ha&&, after re+ei't $f the re'$rt# $f the C$%%i##i$, !e+i!e)hether the arti+&e i 5"e#ti$ i# rate! a/ *$"t/, #"*#i!/ $r #"*0eti$ a! if

    #$, fi the +$"ter0ai&i !"t/ e5"a& t$ the a#+ertaie! $r e#ti%ate! *$"t/,#"*#i!/ $r #"*0eti$.He #ha&& i0e !"e $ti+e $f hi# !e+i#i$ a! #ha&& !ire+t the

    C$%%i##i$er $f C"#t$%# t$ +a"#e the +$"ter0ai&i !"t/ t$ *e &e0ie!, +$&&e+te!a! 'ai! i a!!iti$ t$ a/ $r!iar/ !"tie#, tae# a! +hare# i%'$#e! */ &a) $

    #"+h arti+&e# a! $ arti+&e# $f the #a%e #'e+ifi+ (i! $r +&a## #"*#e5"et&/i%'$rte! "!er #i%i&ar +ir+"%#ta+e#3+. Pe!i i0e#tiati$ a! fia& !e+i#i$ $f the +a#e, the arti+&e i 5"e#ti$ #ha&&$t *e re&ea#e! fr$% +"#t$%# +"#t$!/ t$ the $)er e+e't "'$ the fi&i $f a

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    re

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    0a&"e $f the arti+&e, +$!iti$e! "'$ the 're#etati$ $f a &a!i +ertifi+atei##"e! */ a +$#"&ar $ffi+er $f the Phi&i''ie# at the +$"tr/ $f !e#tiati$. If the

    arti+&e ha# *ee 're0i$"#&/ re&ea#e! "!er *$!, the 'art/ +$+ere! #ha&& *ere5"ire! t$ 'a/ the +$rre#'$!i +$"ter0ai&i !"t/ i a!!iti$ t$ $r!iar/

    !"tie#, tae# a! $ther +hare#, if a/3chan robles virtual law library

    e. Whee0er the C$%%i##i$, $ it# %$ti$ $r "'$ a''&i+ati$ $f a/ itere#te!

    'art/, fi!# that the +$!iti$ )hi+h e+e##itate! the i%'$#iti$ $f the+$"ter0ai&i !"t/ ha# +ea#e! t$ ei#t, it #ha&& #"*%it the e+e##ar/

    re+$%%e!ati$# t$ the Se+retar/ f$r the !i#+$ti"a+e $f the i%'$#iti$ $f that!"t/. A/ $r!er %a!e "!er thi# #e+ti$ */ the Se+retar/ #ha&& *e '"*&i#he! i the

    Offi+ia& @aette a!$r i a e)#'a'er $f eera& +ir+"&ati$3chan robles virtual law libraryf. A/ +$"ter0ai&i !e+i#i$ 'r$%"&ate! */ the Se+retar/ #ha&& *e effe+ti0e f$r a

    'eri$! $f fi0e >? /ear# fr$% the ti%e $f it# 'r$%"&ati$ e+e't "'$ there're#etati$ $f the itere#te! 'art/ $f the e+e##it/ t$ +$ti"e the

    i%'&e%etati$ $f #ai! !e+i#i$, i )hi+h +a#e the Se+retar/ #ha&& a!0i#e theC$%%i##i$ t$ +$!"+t a i0e#tiati$ t$ !eter%ie )hether the +$!iti$# i

    'arara'h a #ti&& ei#t. The a+ti$ f$r ete#i$ #ha&& *e *r$"ht *ef$re theSe+retar/ at &ea#t #i >6? %$th# *ef$re the e'irati$ $f the 'eri$!.The fi!i# $f the C$%%i##i$ #ha&& *e #"*%itte! t$ the Se+retar/ at &ea#t three>-? %$th# *ef$re the e'irati$ $f the 'eri$!.

    . The Se+retar/ a! the C$%%i##i$ #ha&& 'r$%"&ate a&& r"&e# a! re"&ati$#

    e+e##ar/ t$ +arr/ $"t their re#'e+ti0e f"+ti$# "!er thi# #e+ti$.

    Se+. -=-. Mar(i $f I%'$rte! Arti+&e# a! C$taier#. 8

    a. Mar(i $f Arti+&e#. 8 E+e't a# hereiafter 'r$0i!e!, e0er/ arti+&e $f f$rei

    $rii >$r it# +$taier, a# 'r$0i!e! i #"*#e+ti$ * here$f? i%'$rte! it$ thePhi&i''ie# #ha&& *e %ar(e! i a/ $ffi+ia& &a"ae $f the Phi&i''ie# a! i a

    +$#'i+"$"# '&a+e a# &ei*&/, i!e&i*&/ a! 'er%aet&/ a# the at"re $f the arti+&e>$r +$taier? )i&& 'er%it i #"+h %aer a# t$ i!i+ate t$ a "&ti%ate '"r+ha#er

    i the Phi&i''ie# the a%e $f the +$"tr/ $f $rii $f the arti+&e. TheC$%%i##i$er $f C"#t$%# #ha&&, )ith the a''r$0a& $f the !e'art%et hea!, i##"e

    r"&e# a! re"&ati$# t$ 81. Deter%ie the +hara+ter $f )$r!# a! 'hra#e# $r a**re0iati$ there$f )hi+h

    #ha&& *e a++e'ta*&e a# i!i+ati the +$"tr/ $f $rii a! 're#+ri*e a/

    rea#$a*&e %eth$! $f %ar(i, )hether */ 'riti, #te+i&i, #ta%'i,*ra!i, &a*e&&i $r */ a/ $ther rea#$a*&e %eth$!, a! a +$#'i+"$"# '&a+e $

    the arti+&e $r +$taier )here the %ar(i #ha&& a''ear.chan robles virtual law library2. Re5"ire the a!!iti$ $f a/ $ther )$r!# $r #/%*$ )hi+h %a/ *e a''r$'riatet$ 're0et !e+e'ti$ $r %i#ta(e a# t$ the $rii $f the arti+&e $r a# t$ the $rii $f

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    chan robles virtual law library+. S"+h arti+&e +a$t *e %ar(e! 'ri$r t$ #hi'%et t$ the Phi&i''ie#, e+e't at ae'e#e e+$$%i+a&&/ 'r$hi*iti0e $f it# i%'$rtati$3!. The %ar(i $f a +$taier $f #"+h arti+&e )i&& rea#$a*&/ i!i+ate the $rii $f#"+h arti+&e3

    e. S"+h arti+&e i# a +r"!e #"*#ta+e3

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    i%'$rte! $r a/ $ther f$r%3

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    a++$"t $ther)i#e tha f$r the '"r'$#e $f +$+ea&i the $rii $f #"+h arti+&e a!i #"+h %aer that a/ %ar( +$te%'&ate! */ thi# #e+ti$ )$"&! e+e##ari&/ *e

    $*&iterate!, !e#tr$/e! $r 'er%aet&/ +$+ea&e!3

    h. A "&ti%ate '"r+ha#er, */ rea#$ $f the +hara+ter $f #"+h arti+&e $r */ rea#$ $f

    the +ir+"%#ta+e# $f it# i%'$rtati$ %"#t e+e##ari&/ ($) the +$"tr/ $f $rii

    $f #"+h arti+&e e0e th$"h it i# $t %ar(e! t$ i!i+ate it# $rii3

    i. S"+h arti+&e )a# 'r$!"+e! %$re tha t)et/ /ear# 'ri$r t$ it# i%'$rtati$ it$the Phi&i''ie#3 $r

    :. S"+h arti+&e +a$t *e %ar(e! after i%'$rtati$ e+e't at a e'e#e )hi+h i#e+$$%i+a&&/ 'r$hi*iti0e, a! the fai&"re t$ %ar( the arti+&e *ef$re i%'$rtati$

    )a# $t !"e t$ a/ '"r'$#e $f the i%'$rter, 'r$!"+er, #e&&er $r #hi''er t$ a0$i!+$%'&ia+e )ith thi# #e+ti$.

    *. Mar(i $f C$taier#. 8 Whee0er a arti+&e i# e+e'te! "!er #"*!i0i#i$ >-?$f #"*#e+ti$ a $f thi# #e+ti$ fr$% the re5"ire%et# $f %ar(i, the i%%e!iate

    +$taier, if a/, $f #"+h arti+&e, $r #"+h $ther +$taier $r +$taier# $f #"+harti+&e a# %a/ *e 're#+ri*e! */ the C$%%i##i$er $f C"#t$%# )ith the a''r$0a& $f

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    it# +$taier, a# 'r$0i!e! i #"*#e+ti$ * here$f?, i# $t %ar(e! i a++$r!a+e)ith the re5"ire%et# $f thi# #e+ti$, there #ha&& *e &e0ie!, +$&&e+te! a! 'ai!

    "'$ #"+h arti+&e a %ar(i !"t/ $f 'er +et a! 0a&$re%, )hi+h #ha&& *e !ee%e!t$ ha0e a++r"e! at the ti%e $f i%'$rtati$, e+e't )he #"+h arti+&e i# e'$rte! $r

    !e#tr$/e! "!er +"#t$%# #"'er0i#i$ a! 'ri$r t$ the fia& &i5"i!ati$ $f the+$rre#'$!i etr/.

    !. De&i0er/ Withhe&! Uti& Mar(e!. 8 N$ i%'$rte! arti+&e he&! i +"#t$%# +"#t$!/

    f$r i#'e+ti$, ea%iati$ $r a''rai#e%et #ha&& *e !e&i0ere! "ti& #"+h arti+&e

    a!$r it# +$taier#, )hether re&ea#e! $r $t fr$% +"#t$%# +"#t$!/, #ha&& ha0e*ee %ar(e! i a++$r!a+e )ith the re5"ire%et# $f thi# #e+ti$ a! "ti& the

    a%$"t $f !"t/ e#ti%ate! t$ *e 'a/a*&e "!er #"*#e+ti$ + $f thi# #e+ti$ #ha&&ha0e *ee !e'$#ite!. N$thi i thi# #e+ti$ #ha&& *e +$#tr"e! a# e+e'ti a/

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    arti+&e $r it# +$taier fr$% the 'arti+"&ar re5"ire%et# $f %ar(i 'r$0i!e! f$r ia/ 'r$0i#i$ $f &a).chan robles virtual law librarye. The fai&"re $r ref"#a& $f the $)er $r i%'$rter t$ %ar( the arti+&e# a# hereire5"ire! )ithi a 'eri$! $f thirt/ !a/# after !"e $ti+e #ha&& +$#tit"te a# a a+t $f

    a*a!$%et $f #ai! arti+&e# a! their !i#'$#iti$ #ha&& *e $0ere! */ the

    'r$0i#i$# $f thi# C$!e re&ati0e t$ a*a!$%et $f i%'$rte! arti+&e#.

    Se+. -=4. Di#+ri%iati$ */ F$rei C$"trie#. 8

    a. The Pre#i!et, )he he fi!# that the '"*&i+ itere#t )i&& *e #er0e# there*/,

    #ha&& */ 'r$+&a%ati$ #'e+if/ a! !e+&are e) $r a!!iti$a& !"tie# i a a%$"t$t e+ee!i $e h"!re! >1==? 'er +et a! 0a&$re% "'$ arti+&e# )h$&&/ $r i

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    e. It #ha&& *e the !"t/ $f the C$%%i##i$ t$ a#+ertai a! at a&& ti%e# t$ *eif$r%e! )hether a/ $f the !i#+ri%iati$ aai#t the +$%%er+e $f the

    Phi&i''ie# e"%erate! i #"*#e+ti$# a a! * $f thi# #e+ti$ are 'ra+ti+e! */a/ +$"tr/3 a! if a! )he #"+h !i#+ri%iat$r/ a+t# are !i#+&$#e!, it #ha&& *e the

    !"t/ $f the C$%%i##i$ t$ *ri the %atter t$ the atteti$ $f the Pre#i!et,t$ether )ith re+$%%e!ati$#.

    f. The Se+retar/ $f fia+e #ha&& %a(e #"+h r"&e# a! re"&ati$# a# are e+e##ar/f$r the ee+"ti$ $f #"+h 'r$+&a%ati$ a# the Pre#i!et %a/ i##"e i a++$r!a+e

    )ith the 'r$0i#i$# $f thi# #e+ti$.

    PART -FLEKIBLE TARIFF

    chan robles virtual law l ibrary

    Se+. 4=1. F&ei*&e C&a"#e. 8

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    a! #"*:e+t t$ the &i%itati$# herei 're#+ri*e!, the Pre#i!et, "'$re+$%%e!ati$ $f the Nati$a& E+$$%i+ a! De0e&$'%et A"th$rit/>hereiafter referre! t$ a# NEDA?, i# here*/ e%'$)ere!7 >1? t$ i+rea#e, re!"+e

    $r re%$0e ei#ti 'r$te+ti0e rate# $f i%'$rt !"t/ >i+&"!i a/ e+e##ar/

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    !"t/ *e hiher tha a %ai%"% $f $e h"!re! >1==? 'er +et a! 0a&$re%3 >2? t$e#ta*&i#h i%'$rt 5"$ta $r t$ *a i%'$rt# $f a/ +$%%$!it/, a# %a/ *e e+e##ar/3

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    F$"r $f thi# C$!e, i+&"!i th$#e #"*#e5"et&/ rate! '"r#"at t$ thi# #e+ti$.chan robles virtual law library*. Bef$re a/ re+$%%e!ati$ i# #"*%itte! t$ the Pre#i!et */ the NEDA '"r#"at

    t$ the 'r$0i#i$# $f thi# #e+ti$, e+e't i the i%'$#iti$ $f a a!!iti$a& !"t/ $te+ee!i te >1=? 'er +et a! 0a&$re%, the C$%%i##i$ #ha&& +$!"+t a

    i0e#tiati$ i the +$"r#e $f )hi+h the/ #ha&& h$&! '"*&i+ heari# )hereiitere#te! 'artie# #ha&& *e aff$r!e! rea#$a*&e $''$rt"it/ t$ *e 're#et, 'r$!"+e

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    a&& +"#t$%# i%'$rt etrie# a# fi&e! i the B"rea" $f C"#t$%#. The C$%%i##i$ $rit# !"&/ a"th$rie! re're#etati0e# #ha&& ha0e a++e## t$, a! the riht t$ +$'/ a&&

    &i5"i!ate! +"#t$%# i%'$rt etrie# a! $ther !$+"%et# a''e!e! theret$ a#fia&&/ fi&e! i the C$%%i##i$ $ A"!it.

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    e. The NEDA #ha&& 'r$%"&ate r"&e# a! re"&ati$# e+e##ar/ t$ +arr/ $"t the'r$0i#i$# $f thi# #e+ti$.

    f. A/ Or!er i##"e! */ the Pre#i!et '"r#"at t$ the 'r$0i#i$# $f thi# #e+ti$

    #ha&& ta(e effe+t thirt/ >-? !a/# after 'r$%"&ati$, e+e't i the i%'$#iti$ $fa!!iti$a& !"t/ $t e+ee!i te >1=? 'er +et a! 0a&$re% )hi+h #ha&& ta(e effe+t

    at the !i#+reti$ $f the Pre#i!et.

    Se+. 4=2. Pr$%$ti$ $f F$rei Tra!e. 8

    a. F$r the '"r'$#e $f e'a!i f$rei %ar(et# f$r Phi&i''ie 'r$!"+t# a# a

    %ea# $f a##i#ta+e i the e+$$%i+ !e0e&$'%et $f the +$"tr/, i $0er+$%i!$%e#ti+ "e%'&$/%et, i i+rea#i the '"r+ha#i '$)er $f the Phi&i''ie

    'e#$, a! i e#ta*&i#hi a! %aitaii *etter re&ati$# *et)ee the Phi&i''ie#a! $ther +$"trie#, the Pre#i!et, i# a"th$rie! fr$% ti%e t$ ti%e7 +har$*&e#0irt"a&&a)&i*rar/>1? T$ eter it$ tra!e aree%et# )ith f$rei $0er%et# $r i#tr"%eta&itie#

    there$f3 a!

    chan robles virtual law library>2? T$ %$!if/ i%'$rt !"tie# >i+&"!i a/ e+e##ar/ +hae i +&a##ifi+ati$? a!$ther i%'$rt re#tri+ti$#, a# are re5"ire! $r a''r$'riate t$ +arr/ $"t a! 'r$%$te

    f$rei tra!e )ith $ther +$"trie#7 Pr$0i!e!, h$)e0er, That i %$!if/i i%'$rt!"tie# $r fii i%'$rt 5"$ta the re5"ire%et# 're#+ri*e! i #"*#e+ti$ a $f

    Se+ti$ 4=1 #ha&& *e $*#er0e!7 Pr$0i!e!, f"rther, That a/ %$!ifi+ati$ $f i%'$rt!"tie# a! a/ fii $f i%'$rt 5"$ta# %a!e '"r#"at t$ thi# aree%et $ ASEAN

    Preferetia& Tra!i Arrae%et# ratifie! $ A""#t 1, 1 #ha&& $t *e #"*:e+tt$ the &i%itati$# $f af$re#ai! #e+ti$ a $f Se+ti$ 4=1.

    *. The !"tie# a! $ther i%'$rt re#tri+ti$# a# %$!ifie! i #"*#e+ti$ a a*$0e,#ha&& a''&/ t$ arti+&e# )hi+h are the r$)th, 'r$!"+e $r %a"fa+t"re $f the

    #'e+ifi+ +$"tr/, )hether i%'$rte! !ire+t&/ $r i!ire+t&/, )ith )hi+h thePhi&i''ie# ha# etere! it$ a tra!e aree%et7 Pr$0i!e!, That the Pre#i!et %a/

    #"#'e! the a''&i+ati$ $f a/ +$+e##i$ t$ arti+&e# )hi+h are the r$)th,'r$!"+e $r %a"fa+t"re $f #"+h +$"tr/ *e+a"#e $f a+t# >i+&"!i the $'erati$#

    $f iterati$a& +arte? $r '$&i+ie# )hi+h i hi# $'ii$ te! t$ !efeat the'"r'$#e# #et i thi# #e+ti$3 a! the !"tie# a! $ther i%'$rt re#tri+ti$# a#

    e$tiate! #ha&& *e i f$r+e a! effe+t fr$% a! after #"+h ti%e a# #'e+ifie! i theOr!er.chan robles virtual law library+. N$thi i thi# #e+ti$ #ha&& *e +$#tr"e! t$ i0e a/ a"th$rit/ t$ +a+e& $rre!"+e i a/ %aer a/ $f the i!e*te!e## $f a/ f$rei +$"tr/ t$ the

    Phi&i''ie# $r a/ +&ai% $f the Phi&i''ie# aai#t a/ f$rei +$"tr/.!. Bef$re a/ tra!e aree%et i# +$+&"!e! )ith a/ f$rei $0er%et $r

    i#tr"%eta&it/ there$f, rea#$a*&e '"*&i+ $ti+e $f the iteti$ t$ e$tiate a

    aree%et )ith #"+h $0er%et $r i#tr"%eta&it/ #ha&& *e i0e i $r!er thaa/ itere#te! 'er#$ %a/ ha0e a $''$rt"it/ t$ 're#et hi# 0ie)# t$ theC$%%i##i$ )hi+h #ha&& #ee( if$r%ati$ a! a!0i+e fr$% the De'art%et $f

    Ari+"&t"re, De'art%et $f Nat"ra& Re#$"r+e#, De'art%et $f Tra!e a! I!"#tr/,

    De'art%et $f T$"ri#%, the Cetra& Ba( $f the Phi&i''ie#, the De'art%et $fF$rei Affair#, the B$ar! $f I0e#t%et# a! fr$% #"+h $ther #$"r+e# a# it %a/

    !ee% a''r$'riate.

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    e. >1? I a!0i#i the Pre#i!et, a# a re#"&t $f the tra!e aree%et etere! it$,the C$%%i##i$ #ha&& !eter%ie )hether the !$%e#ti+ i!"#tr/ ha# #"ffere! $r i#

    *ei threatee! )ith i:"r/ a! )hether the )h$&e#a&e 'ri+e# at )hi+h the!$%e#ti+ 'r$!"+t# are #$&! are rea#$a*&e, ta(i it$ a++$"t the +$#t $f ra)

    %ateria, &a*$r, $0erhea!, a fair ret"r $ i0e#t%et, a! the $0era&& effi+ie+/$f the i!"#tr/.

    >2? The NEDA #ha&& e0a&"ate the re'$rt $f the C$%%i##i$ a! #"*%itre+$%%e!ati$# t$ the Pre#i!et.chan robles virtual law library>-? U'$ re+ei't $f the re'$rt $f the fi!i# a! re+$%%e!ati$# $f the NEDA,the Pre#i!et %a/ 're#+ri*e #"+h a!:"#t%et# i the rate# $f i%'$rt !"tie#,

    )ith!ra), %$!if/ $r #"#'e!, i )h$&e $r i 'art, $r i#tit"te #"+h $ther i%'$rtre#tri+ti$# a# the NEDA re+$%%e!# t$ *e e+e##ar/ i $r!er t$ f"&&/ 'r$te+t

    !$%e#ti+ i!"#tr/ a! the +$#"%er#, #"*:e+t t$ the +$!iti$ that the )h$&e#a&e'ri+e# $f the !$%e#ti+ 'r$!"+t# +$+ere! #ha&& *e re!"+e! t$, $r %aitaie! at,

    the &e0e& re+$%%e!e! */ the NEDA "&e## f$r $$! +a"#e #h$), a i+rea#ethere$f, a# re+$%%e!e! */ NEDA, i# a"th$rie! */ the Pre#i!et. Sh$"&!

    i+rea#e# *e %a!e )ith$"t #"+h a"th$rit/, the NEDA #ha&& i%%e!iate&/ $tif/ the

    Pre#i!et, )h$ #ha&& a&&$) the i%'$rtati$ $f +$%'eti 'r$!"+t# i #"+h5"atitie# a# t$ 'r$te+t the '"*&i+ fr$% the "a"th$rie! i+rea#e i )h$&e#a&e'ri+e#.

    f. Thi# #e+ti$ #ha&& $t 're0et the effe+ti0it/ $f a/ ee+"ti0e aree%et $r a/f"t"re 'referetia& tra!e aree%et )ith a/ f$rei +$"tr/.chan robles virtual law library. The NEDA a! the C$%%i##i$ are a"th$rie! t$ 'r$%"&ate #"+h rea#$a*&e'r$+e!"re, r"&e# a! re"&ati$# a# the/ %a/ !ee% e+e##ar/ t$ ee+"te their

    re#'e+ti0e f"+ti$# "!er thi# #e+ti$.

    PART 4TARIFF COMMISSION

    chan robles virtual law library

    Se+. =1. Chief Offi+ia $f the Tariff C$%%i##i$. 8 The Offi+ia $f the Tariff

    C$%%i##i$ #ha&& *e the Chair%a a! t)$ >2? Me%*er C$%%i##i$er# t$ *ea''$ite! */ the Pre#i!et $f the Phi&i''ie#.

    chan robles virtual law library

    Se+. =2. "a&ifi+ati$#. 8 N$ 'er#$ #ha&& *e e&ii*&e f$r a''$it%et a#

    Chair%a a! Tariff C$%%i##i$er# "&e## the/ are at"ra&

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    )ith the Ci0i& Ser0i+e La) e+e't the 'ri0ate #e+retarie# t$ the Chair%a,C$%%i##i$er# a! Ee+"ti0e Dire+t$r.

    The Tariff C$%%i##i$ #ha&& *e re$raie! i a++$r!a+e )ith the re5"ire%et# $f

    it# re$raie! f"+ti$# a! re#'$#i*i&itie#. The Chair%a $f the C$%%i##i$,#"*:e+t t$ the a''r$0a& $f the Dire+t$r

    i+&"!e! i it# %a"a& $f '$#iti$#7 Pr$0i!e!, f"rther, That the re$raiati$ #ha&&$t i a/ )a/ affe+t )hate0er *eefit# the $ffi+ia a! e%'&$/ee# $f the

    C$%%i##i$ are a&&$)e! "!er ei#ti &a) a!$r a"th$rit/.

    Se+. =4. Offi+ia& Sea&. 8 The C$%%i##i$ i# a"th$rie! t$ a!$'t a $ffi+ia& #ea&.

    Se+. =. F"+ti$# $f the C$%%i##i$. 8 The C$%%i##i$ #ha&& i0e#tiate 8

    >a? the a!%ii#trati$ $f, a! the fi#+a& a! i!"#tria& effe+t# $f, the tariff a!+"#t$%# &a)# $f thi# +$"tr/ $) i f$r+e $r )hi+h %a/ hereafter *e ea+te!3chan robles virtual law library>*? the re&ati$ *et)ee the rate# $f !"t/ $ ra) %ateria a! the fii#he! $r

    'art&/ fii#he! 'r$!"+t#3chan robles virtual law library>+? the effe+t# $f a! 0a&$re% a! #'e+ifi+ !"tie# a! $f +$%'$"!# #'e+ifi+ a! a!

    0a&$re% !"tie#3>!? a&& 5"e#ti$# re&ati0e t$ the arrae%et $f #+he!"&e# a! +&a##ifi+ati$ $f

    arti+&e# i the #e0era& #e+ti$# $f the tariff &a)3

    >e? the tariff re&ati$# *et)ee the Phi&i''ie# a! f$rei +$"trie#, +$%%er+ia&

    treatie#, 'referetia& 'r$0i#i$#, e+$$%i+ a&&ia+e#, the effe+t $f e'$rt *$"tie#a! 'referetia& tra#'$rtati$ rate#3

    >f? the 0$&"%e $f i%'$rtati$# +$%'are! )ith !$%e#ti+ 'r$!"+ti$ a!+$#"%'ti$3

    >? +$!iti$#, +a"#e# a! effe+t# re&ati t$ +$%'etiti$ $f f$rei i!"#trie#)ith th$#e $f the Phi&i''ie#, i+&"!i !"%'i a! +$#t $f 'r$!"+ti$3

    >h? i eera&, t$ i0e#tiate the $'erati$ $f +"#t$%# a! tariff &a)#, i+&"!itheir re&ati$ t$ the ati$a& re0e"e#, their effe+t "'$ the i!"#trie# a! &a*$r $f

    the +$"tr/, a! t$ #"*%it re'$rt# $f it# i0e#tiati$ a# hereiafter 'r$0i!e!3 a!

    >i? the at"re a! +$%'$#iti$ $f, a! the +&a##ifi+ati$ $f, arti+&e# a++$r!i t$

    tariff +$%%$!it/ +&a##ifi+ati$ a! hea!i "%*er f$r +"#t$%# re0e"e a! $therre&ate! '"r'$#e# )hi+h #ha&& *e f"ri#he! t$ NEDA, B$ar! $f I0e#t%et#, Cetra&

    Ba( $f the Phi&i''ie#, a! Se+retar/ $f Fia+e.

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    Se+. =6. A##i#ta+e t$ the Pre#i!et a! C$re## $f the Phi&i''ie#. 8 I $r!erthat the Pre#i!et a! the C$re## %a/ #e+"re if$r%ati$ a! a##i#ta+e, it

    #ha&& *e the !"t/ $f the C$%%i##i$ t$ 8

    >a? A#+ertai +$0er#i$ +$#t# a! +$#t# $f 'r$!"+ti$ i the 'ri+i'a& r$)i,

    'r$!"+i $r %a"fa+t"ri +eter# $f the Phi&i''ie#, )hee0er 'ra+ti+a*&e3chan robles virtual law library>*? A#+ertai +$0er#i$ +$#t# a! +$#t# $f 'r$!"+ti$ i the 'ri+i'a& r$)i,'r$!"+i $r %a"fa+t"ri +eter# $f f$rei +$"trie# $f arti+&e# i%'$rte! it$the Phi&i''ie# )hee0er #"+h +$0er#i$ +$#t# $r +$#t# $f 'r$!"+ti$ are

    e+e##ar/ f$r +$%'ari#$ )ith th$#e i the Phi&i''ie#3chan robles virtual law library>+? Se&e+t a! !e#+ri*e re're#etati0e arti+&e# i%'$rte! it$ the Phi&i''ie#

    #i%i&ar t$, $r +$%'ara*&e )ith, th$#e &$+a&&/ 'r$!"+e!3 #e&e+t a! !e#+ri*earti+&e#

    $f the Phi&i''ie# #i%i&ar t$, $r +$%'ara*&e )ith, #"+h i%'$rte! arti+&e3 $*tai a!fi&e #a%'&e# $f arti+&e# #$ #e&e+te! )hee0er a!0i#a*&e3>!? A#+ertai i%'$rt +$#t# $f #"+h re're#etati0e arti+&e# #$ #e&e+te!3

    >e? A#+ertai the r$)er#, 'r$!"+er# $r %a"fa+t"re# #e&&i 'ri+e# i the

    'ri+i'a& r$)i, 'r$!"+i, $r %a"fa+t"ri +eter# i the Phi&i''ie#, $f thearti+&e# $f the Phi&i''ie#, #$ #e&e+te!3

    >f? A#+ertai a&& $ther fa+t# )hi+h )i&& #h$) the !iffere+e i, $r )hi+h affe+t

    +$%'etiti$ *et)ee, arti+&e# $f the Phi&i''ie# a! th$#e i%'$rte! i the'ri+i'a& %ar(et# $f the Phi&i''ie#3

    >? A#+ertai +$0er#i$ +$#t# a! +$#t# $f 'r$!"+ti$ i+&"!i effe+t# $f tariff%$!ifi+ati$# $r i%'$rt re#tri+ti$# $ 'ri+e# i the 'ri+i'a& r$)i, 'r$!"+i

    $r %a"fa+t"ri +eter# i the Phi&i''ie#, )hee0er 'ra+ti+a*&e3 a!

    >h? S"*%it a"a& re'$rt# $f the#e t$ the Pre#i!et $f the Phi&i''ie#, +$'/ $f

    )hi+h #ha&& *e f"ri#he! t$ the NEDA, Cetra& Ba( $f thePhi&i''ie#, De'art%et$f Fia+e a! the B$ar! $f I0e#t%et#.

    Se+. =. Re'$rt# $f the C$%%i##i$. 8 The C$%%i##i$ #ha&& '&a+e at the

    !i#'$#a& $f the Pre#i!et a! a/ %e%*er $f the C$re## $f the Phi&i''ie# $r it#

    %e%*er there$f a&& if$r%ati$ at it# +$%%a!3 #ha&& %a(e #"+h i0e#tiati$ a!re'$rt a# %a/ *e re5"ire! */ the Pre#i!et a! the C$re## $f the Phi&i''ie#

    a! #ha&& re'$rt t$ the Pre#i!et a! C$re## $ the fir#t M$!a/ $f De+e%*er $fea+h /ear hereafter a #tate%et $f %eth$!# a!$'te! a! a #"%%ar/ $f a&& re'$rt#

    %a!e !"ri the /ear.

    chan robles virtual law library

    Se+. =9. A++e## t$ D$+"%et# a! A##i#ta+e t$ the C$%%i##i$. 8 The

    C$%%i##i$ $r it# !"&/ a"th$rie! re're#etati0e #ha&& ha0e a++e## t$ a/!$+"%et, 'a'er $r re+$r!, 'ertiet t$ the #"*:e+t %atter "!er i0e#tiati$, i

    the '$##e##i$ $f a/ 'er#$, fir%, +$

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    *$$(#, 'a'er# $r !$+"%et# re&ati t$ the %atter "!er i0e#tiati$. TheC$%%i##i$ %a/ a$ re5"e#t the 0ie)#, re+$%%e!ati$# a!$r a##i#ta+e $f

    a/ $0er%et $ffi+e, ae+/ $r i#tr"%eta&it/, a! #"+h $ffi+e, ae+/ $ri#tr"%eta&it/ #ha&& +$$'erate f"&&/ )ith the C$%%i##i$.

    Se+. =. S)$r State%et#. 8 The C$%%i##i$ %a/ $r!er the ta(i $f #)$r

    #tate%et# at a/ #tae $f a/ 'r$+ee!i $r i0e#tiati$ *ef$re it. S"+h #)$r#tate%et# %a/ *e ta(e *ef$re a/ 'er#$ ha0i '$)er t$ a!%ii#ter $ath#.

    Se+. 1=. erifie! State%et#. 8 The C$%%i##i$ i# a"th$rie! t$ re5"ire a/

    i%'$rter, r$)er, 'r$!"+er, %a"fa+t"rer $r #e&&er t$ fi&e )ith the C$%%i##i$ a#tate%et, "!er $ath, i0i hi# #e&&i 'ri+e# i the Phi&i''ie# $f a/ arti+&e

    i%'$rte!, r$), 'r$!"+e!, fa*ri+ate! $r %a"fa+t"re! */ hi%.

    Se+. 11. R"&e# a! Re"&ati$# $f the C$%%i##i$. 8 The C$%%i##i$ #ha&&

    a!$'t a! 'r$%"&ate #"+h r"&e# a! re"&ati$# a# %a/ *e e+e##ar/ t$ +arr/ $"tthe 'r$0i#i$# $f thi# C$!e.chan robles virtual law library

    Se+. 12. A''r$'riati$. 8 I a!!iti$ t$ it# +"rret a''r$'riati$ the a%$"t $fSi H"!re! Th$"#a! i# here*/ a''r$'riate! t$ +arr/ $"t the '"r'$#e $f #e+ti$#

    fi0e h"!re! $e a! fi0e h"!re! three $f thi# C$!e.

    chan robles virtual law library

    TITLE IIIEKPORT TARIFF AND PREMIUM DUTY

    chan robles virtual law library

    Se+. 14. E'$rt Pr$!"+t# #"*:e+t t$ D"t/ a! Rate#. 8 There #ha&& *e &e0ie!,

    a##e##e! a! +$&&e+te! a e'$rt !"t/ $ the r$## F.O.B. 0a&"e at the ti%e $f#hi'%et *a#e! $ the 're0ai&i rate $f e+hae, $f the f$&&$)i 'r$!"+t# i

    a++$r!a+e )ith the #+he!"&e #'e+ifie! i the +$&"% E'$rt D"t/.

    chan robles virtual law library

    I a!!iti$ t$ the e'$rt !"tie#, herei referre! t$ a# *a#i+ rate, there #ha&& *e

    &e0ie!, a##e##e! a! +$&&e+te! a 're%i"% !"t/ $ the !iffere+e *et)ee the+"rret 'ri+e a# e#ta*&i#he! */ the B"rea" $f C"#t$%# a! the *a#e 'ri+e $f the

    'r$!"+t# i a++$r!a+e )ith the #+he!"&e #'e+ifie! "!er the +$&"% Pre%i"%D"t/3 Pr$0i!e!, That #h$"&! the +"rret 'ri+e $f a/ e'$rt 'r$!"+t *e *e&$) the

    e#ta*&i#he! *a#e 'ri+e, the $&/ the *a#i+ rate #ha&& *e a''&ie!7 Pr$0i!e!, f"rther,

    That, iitia&&/, the *a#e 'ri+e "'$ )hi+h the 're%i"% !"t/ #ha&& *e &e0ie! eiht/'er +et"% >9=? $f the F.O.B. 0a&"e $f e'$rt# e#ta*&i#he! */ the B"rea" $fC"#t$%# f$r Fe*r"ar/ 14. The Nati$a& E+$$%i+ a! De0e&$'%et A"th$rit/

    #ha&&, fr$% ti%e t$ ti%e, re0ie) a! e#ta*&i#h #"+h *a#e 'ri+e# ta(i it$ a++$"t,a%$ $ther#, the +$#t +$!iti$# i 0ari$"# i!"#trie#.

    chan robles virtual law library

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    EKPORT PRODUCTS EKPORT DUTY 1

    chan robles virtual law library

    W$$! Pr$!"+t#

    1. L$# 2=chan robles virtual law library2. L"%*er-. eeer

    4. P&/)$$!

    Miera& Pr$!"+t#1. Meta&&i+ $re# a! +$+etrate#a? C$''erchan robles virtual law library*? Ir$+? Chr$%ite

    2. @$&!chan robles virtual law library-. N$

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    6. T$*a++$a? T$*a++$ &eafchan robles virtual law library*? S+ra' t$*a++$

    Ai%a& Pr$!"+t#1. Shri%' a! Pra)#

    F$r '"r'$#e# $f +$%'"ti the !"t/, the +$#t $f 'a+(ai a! +rati %ateria

    #ha&& *e !e!"+ti*&e fr$% the e'$rt 0a&"e, 'r$0i!e! #"+h %ateria are!$%e#ti+a&&/ %a"fa+t"re! "#i a #"*#tatia& '$rti$ $f &$+a& ra) %ateria, a#

    !eter%ie! */ the B$ar! $f I0e#t%et#.

    chan robles virtual law library

    Se+. 1. F&ei*&e C&a"#e. 8 The Pre#i!et, "'$ re+$%%e!ati$ $f the Nati$a&

    E+$$%i+ a! De0e&$'%et A"th$rit/, %a/ #"*:e+t a/ $f the a*$0e 'r$!"+t# t$

    hiher $r &$)er rate# $f !"t/ 'r$0i!e! i thi# Tit&e, i+&"!e a!!iti$a& 'r$!"+t#,e+&"!e $r ee%'t a/ 'r$!"+t fr$% thi# Tit&e, $r a!!iti$a&&/ #"*:e+t a/ 'r$!"+t

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