Republic Acts1 min read
Section 2March 28, 1996, Sec./Art. 2
Personal notes Saved on this device
0 / 5,000 charactersReport page issue
Answer First
Primary Text
Declaration of Policy. - It shall be the policy of the State to deregulate the downstream oil industry to foster a truly competitive market which can better achieve the social policy objectives of fair prices and adequate, continuous supply of environmentally-clean and high-quality petroleum products.
Use With Care
Definitions and exceptions often appear before or after this text.
Court decisions may interpret, limit, or apply this provision.
Confirm amendment, repeal, effectivity, and official publication.