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Wages. - Without prejudice to higher rates provided under a CBA or by the shipowner as company practice or policy, the minimum wage applicable to seafarers on board ocean-going ships of Philippine or foreign registry shall be as provided in the SEC, which shall in no case be lower than the prevailing industry standard on ocean-going seafarer wage rates for officers and other members of the ship's crew, and shall be regularly paid in full at least once a month.
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