Senator Bam Aquino called President Aquino’s approval of the Philippine Lemon Law as a “major victory” for consumers as it provides them with much-needed protection against defective vehicles.
“We welcome its passage as it came during a time where owning a car is a necessity to keep up with the fast-paced society we live in,” said Aquino, the measure’s main sponsor at the Senate.
“The Lemon Law provides car owners with a blanket of protection for their hard-earned investments and sets consistent standards of quality and performance in the auto industry,” added Aquino, chairman of the Senate Committee on Trade, Commerce and Entrepreneurship.
On Sunday, Malacanang announced the signing of Republic Act 10642 or An Act Strengthening Consumer Protection in the Purchase of Brand New Motor Vehicles.
The law mandates the return to consumer the full value of money if the motor vehicle that was bought would not be of standard and quality, 12 months or 20,000 kilometers from date of original delivery.
If the consumer remains unsatisfied with the efforts to the repair of the vehicle up to four times, the Department of Trade and Industry (DTI) will exercise exclusive and original jurisdiction over disputes.
In his sponsorship speech, Aquino stressed the urgent need to protect car buyers, now that motor vehicles are crucial in present time where mobility is needed for business transactions to thrive daily.
“We want to protect consumers who use cars every day. The quality of cars that they purchase should match the work they put to earn a living,” Aquino said.