This case has been cited 1 times or more.
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2015-09-16 |
SERENO, C.J. |
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| In 1960, Congress nationalized the rice and corn industry through the enactment of R.A. 3018 on 2 August I960.[33] R.A. 3018 prohibits any person who is not a citizen of the Philippines, or any association, partnership or corporation whose capital or capital stock is not wholly owned by citizens of the Philippines, from engaging directly or indirectly in the rice and corn industry.[34] It defines the term "rice and/or corn industry" as follows:x x x[T]he term "rice and/or corn industry" shall mean and include the culture, milling, warehousing, transporting, exportation, importation, handling the distribution, either in wholesale or retail, the provisions of Republic Act Numbered Eleven hundred and eighty to [the] contrary notwithstanding, or the acquisition for the purpose of trade of rice (husked or unhusked) or corn and the by-products thereof: Provided, That public utilities duly licensed and registered in accordance with law may transport corn or rice.[35] (Emphases supplied) | |||||