REPUBLIC ACT NO. 3012 - AN ACT TO AMEND HEADING 73.14, CHAPTER 73, SCHEDULE XV, SECTION ONE HUNDRED FOUR OF REPUBLIC ACT NUMBERED NINETEEN HUNDRED THIRTY-SEVEN, OTHERWISE KNOWN AS THE TARIFF AND CUSTOMS CODE OF THE PHILIPPINES.

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION 1. Heading 73.14, Chapter 73, Schedule XV, Section one hundred four of Republic Act Numbered Nineteen hundred thirty-seven is amended to read as follows:

"73.14. Iron or Steel Wire, single strand, with—

a. cross-sectional dimension of 5.5mm to 6.5mm .................................. ad val. 10%

b. cross-sectional dimension of 1.65mm to 5.49mm .............................. ad val. 75%

or G.W., 100 kg .............................................................................. P16.00

c. other................................................................................................ ad val. 15%

d. coated but not insulated................................................................... ad val. 15%"

SEC. 2. This Act shall take effect upon its approval.

Enacted without Executive approval, June 19, 1960.