REPUBLIC ACT NO. 1074 - AN
ACT TO AMEND REPUBLIC ACT NUMBERED SEVENTY-ONE, ENTITLED "AN ACT
REQUIRING PRICE TAGS OR LABELS TO BE AFFIXED ON ALL ARTICLES OF
COMMERCE OFFERED FOR SALE AT RETAIL AND PENALIZING VIOLATIONS OF SUCH
REQUIREMENT" |
Section 1.
Section one of Republic Act Numbered Seventy-one, entitled "An Act
requiring price tags or labels to be affixed on all articles of
commerce offered for sale at retail and penalizing violations of such
requirement" is hereby amended to read as follows: "Section 1.
All articles of commerce and trade offered for sale to the public at
retail shall be publicly displayed with appropriated tags or labels to
indicate the price of each article and said articles shall be sold
uniformity and without discrimination at the stated price: Provided,
That lumber dealers are required to tag or label lumber offered for
sale to the public by indicating thereon the price and the
corresponding official name of the wood so as to enable buyers to
distinguish one species of wood from the others: Provided, further,
That the Secretary of Commerce and Industry may, upon the
recommendation of the Director of Commerce, exempt from time to time
certain articles of Commerce and trade or certain classes of
establishments from the provisions of this Act. The Secretary of
Commerce and Industry is hereby authorized to issue rules and
regulations to carry into effect the provisions of this
section." Sec. 2. This Act shall take effect upon its approval.cralaw Approved: June 12, 1954 |