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PHILIPPINE LAWS, STATUTES & CODES

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PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW
LIBRARY
COMMONWEALTH ACTS
COMMONWEALTH ACT NO. 560
COMMONWEALTH ACT. NO. 560 - AN ACT
TO PROVIDE SECURITY AGAINST FRAUD IN THE KIND OF SAWN LUMBER OFFERED
FOR SALE |
Section
1. Every lumber dealer (tableria) is under obligation to issue an
invoice for each transaction of sale of lumber. There shall be printed
at the foot of every page of the invoice a certificate stating that the
lumber or lumbers sold to the purchaser are exactly of the same kind or
kinds, described in the invoice. This invoice may be couched in the
following or similar terms:
"We certify that the kind or
kinds of lumber or lumbers listed on this invoice are exactly the same
as those sold or delivered (or to be delivered) to the purchaser."
Section2. Any violation of this Act shall be punished
by a fine of not less than two hundred pesos nor more than five
thousand pesos, or by imprisonment for not less than one month nor more
than six months, or both. In the case of companies or corporations,
their respective presidents, managers, directors or representatives, or
in their absence, the persons acting in their stead, shall be held
criminally liable.
Section3. This Act shall take effect upon its
approval.
Approved: June 7, 1940 |
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Since 19.07.98.
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