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Executive Order No. 42 (2023)
LIFTING THE MANDATED PRICE CEILINGS ON RICE UNDER EXECUTIVE ORDER NO. 39 (S. 2023)
Section 1.
Lifting of the Mandated Price Ceilings on Rice. Following the recommendation of the DA and DTI, the mandated price ceilings on regular milled and well-milled rice under EO No. 39 are hereby lifted. 1aшphi1
Section 2.
Directive to Other Agencies. To ensure stability of rice prices upon the lifting of the mandated price ceilings, other concerned agencies, consistent with their respective mandates, shall fortify their existing programs and initiatives to provide support and assistance to farmers, retailers, and consumers.
Section 3.
Separability. If any part or provision of this Order shall be held invalid or unconstitutional, the provisions not affected thereby shall remain in full force and effect.
Section 4.
Repeal. EO No. 39 is hereby repealed. All other orders, rules and regulations, and issuances or parts thereof which are inconsistent with the provisions of this Order are hereby repealed or modified accordingly.
Section 5.
Effectivity. This Order shall effect immediately upon publication in the Official Gazette or a newspaper of general circulation.
DONE, in the City of Manila, this 4th day of October, in the year of Our Lord, Two Thousand and Twenty-Three.
(SGD.) FERDINAND R. MARCOS, JR.
By the President:
(SGD.) LUCAS P. BERSAMIN Executive Secretary