Laws

Republic Act No. 10642: Philippine Lemon Law

Nais ng Philippine Lemon Law na protektahan ang karapatan ng mamimili, lalo na ang mga bumibili ng sasakyan.

Sa idyoma ng Kanluran, ang pagbili ng isang lemon ay pagbili ng isang substandard na sasakyan.

Ang coverage ng batas ay para sa mga sasakyang nai-deliver sa loob ng 12 buwan o mga sasakyang may tinakbo hanggang 20,000 km.

Kapag ang parehong depekto ay hindi nagawa ng kasa hanggang sa ikaapat na beses, papalitan ang sasakyang binili o ibabalik ang perang ipinambili.

Ang mga hindi kasama sa coverage ay ang mga sasakyang hindi sinunod ang obligasyon sa warranty, mga pagbabago sa sasakyan na hindi pinayagan ng dealer,naabusong sasakyan, o mga sira sa sasakyan dahil sa aksidente o kalamidad.

Sa batas na ito, ang binayaran ng mamimili ay masusulit, mapoprotektahan ang consumer at ang industriya mula sa substandard na produkto at maitutulak ang kalidad sa mga sasakyan.

 

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Republic Act No. 10744: Credit Surety Fund Act of 2014

For a developing country like the Philippines, majority of its businesses come from the Micro, Small and Medium Enterprises (MSMEs). As of 2011, the Department of Trade and Industry (DTI) accounts that 99.6% are MSMEs, employing about 62% of the Philippine workforce. With that, the sector is a major stakeholder in the economic development of the people.

Yet, one of the roadblocks for the continued growth of the MSMEs is access to financing. The existing requirements for credit do not consider the nature and stature of these micro and small businesses. Current prerequisites for financing are marginalizing the sector, which provides jobs and livelihood to the majority of Filipinos.

It is high time that a structure of extension of credit for MSMEs be developed to further grow micro and small enterprises all over the country.

Thus, the bill proposes the establishment of the Credit Surety Fund (CSF) mechanism to enhance the credit worthiness of MSMEs, broa~en their access to credit facilities, and sustain the continuous flow of credit in the countryside. This will generate more employment and alleviate poverty through increased investments and economic activities.

The challenge is to grow micro businesses into small enterprises and small enterprises to medium enterprises. If this challenge is addressed, we would better enable the kind of economic growth that not only benefits the few rich, but also the majority of the people, including the poorest Filipino.

In view of the foregoing, the approval of this bill is earnestly sought.

 

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Republic Act No. 10668: Foreign Ships Co-Loading Act

Currently, inter-island shipping is exclusively reserved for ships bearing the Philippine flag. Internationally, this principle is known as the Cabotage Principle, which is implemented to protect the country’s local shipping industry.

Unfortunately, this exclusive right incurs an extra cost for our importers of raw materials and for Philippine exporters of goods. Thus, we are pushing today for allowing foreign ships coming from international ports to dock into multiple ports all over the country.

This reform will provide our producers and entrepreneurs the following benefits and these are: 1) the lowering of production costs; 2) the easing of doing business in the maritime transport industry; 3) the decongestion of the Manila Port; and 4) the further leveraging of our strategic location in the ASEAN market.

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