Republic Act No. 2665

Section 1

Section one of Republic Act Numbered Twenty-three hundred and fifty-two is hereby amended to include all forms of milk: Provided, however, That existing wholesale and retail prices of milk in all forms and of locally manufactured milk shall be reduced to the extent of the benefit derived the tax exemption granted herein and for such purpose a committee, composed of the Secretary of Commerce and Industry, the Secretary of Labor and the Secretary of Health, is authorized to fix the ceiling wholesale and retail prices of milk in all forms and locally manufactured milk, and issue such rules and regulations as may be necessary. The exemption herein provided shall be enjoyed for a period of two years.

Section 2

Any person who sells in retail milk in all forms and locally manufactured milk at prices beyond those fixed by the committee herein above-mentioned and of the rules and regulations issued by said committee shall be punished with imprisonment of not less than one year and not more than five years and a fine of not less than one thousand pesos and not more than five thousand pesos or both in the discretion of the court. If the offender is a corporation or association, the penalty shall be imposed upon the president, director, managing partner, manager and/or officer thereof responsible for the violation. If the offender is an alien, he shall in addition be punished with deportation without any further proceedings before the Deportation Board.

Section 3

Any portion of this Act which shall be found to be unconstitutional shall not affect the remaining portions which are constitutional.

Section 4

This Act shall take effect upon its approval.

Approved: June 18, 1960