IronWolf
February 13th, 2008, 03:10 PM
Lemon law is a bill that which seeks to protect buyers of new and secondhand vehicles.
Wala pa sa pinas na ganyang law. Pero ipinasa na ni Sen. Roxas.
here is the site: http://newsinfo.inquirer.net/breakingnews/nation/view_article.php?article_id=50381
And here is the copy from that site:
Senate passes ‘lemon law’
By Veronica Uy
INQUIRER.net
First Posted 06:21pm (Mla time) 02/19/2007
MANILA, Philippines -- The Senate passed on third and final reading Monday afternoon Senate Bill 2464, also known as the Lemon Law, which seeks to protect buyers of new and secondhand vehicles.
The bill, sponsored by Senator Manuel Roxas II, seeks to protect buyers against deceptive and unfair sales and trade practices. It recognizes that a motor vehicle is a major consumer investment, defines the rights of the buyer, and imposes penalties for violations of the measure.
Under the proposed measure, a car is described as a “lemon” if, during the Lemon Law Rights period (18 months for brand new cars), it has been under repair three or more times yet the same defect continues to exist; the defect is a serious safety defect and has been subject to repair one or more times; or it is out of service due to repair for a cumulative total of 30 calendar days.
Within the Lemon Law Rights period, if the defect has not been repaired or corrected, a consumer has the right to a replacement or return with refund of full purchase price.
“This bill will ensure that car buyers get full value for their money. If a consumer happens to buy a defective car or any other product, he or she is entitled to get his or her money back, or to at least get a prompt replacement,” Roxas said.
The sponsor said the bicameral conference committee might meet tomorrow as its counterpart bill in the House authored by Bacolod City Representative Monico Puentebella has already been passed.
Wala pa sa pinas na ganyang law. Pero ipinasa na ni Sen. Roxas.
here is the site: http://newsinfo.inquirer.net/breakingnews/nation/view_article.php?article_id=50381
And here is the copy from that site:
Senate passes ‘lemon law’
By Veronica Uy
INQUIRER.net
First Posted 06:21pm (Mla time) 02/19/2007
MANILA, Philippines -- The Senate passed on third and final reading Monday afternoon Senate Bill 2464, also known as the Lemon Law, which seeks to protect buyers of new and secondhand vehicles.
The bill, sponsored by Senator Manuel Roxas II, seeks to protect buyers against deceptive and unfair sales and trade practices. It recognizes that a motor vehicle is a major consumer investment, defines the rights of the buyer, and imposes penalties for violations of the measure.
Under the proposed measure, a car is described as a “lemon” if, during the Lemon Law Rights period (18 months for brand new cars), it has been under repair three or more times yet the same defect continues to exist; the defect is a serious safety defect and has been subject to repair one or more times; or it is out of service due to repair for a cumulative total of 30 calendar days.
Within the Lemon Law Rights period, if the defect has not been repaired or corrected, a consumer has the right to a replacement or return with refund of full purchase price.
“This bill will ensure that car buyers get full value for their money. If a consumer happens to buy a defective car or any other product, he or she is entitled to get his or her money back, or to at least get a prompt replacement,” Roxas said.
The sponsor said the bicameral conference committee might meet tomorrow as its counterpart bill in the House authored by Bacolod City Representative Monico Puentebella has already been passed.