AN ACT TO REPEAL PARAGRAPH THREE, SECTION ONE, AND PARAGRAPH THREE, SECTION THREE, OF PRESIDENTIAL DECREE NO. 1866 AS AMENDED ENTITLED 'CODIFYING THE LAWS ON ILLEGAL/UNLAWFU L POSSESSION, MANUFACTURE, DEALING IN, ACQUISITION OR DISPOSITION, OF FIREARMS, AMMUNITION OR EXPLOSIVES OR INSTRUMENTS USED IN THE MANUFACTURE OF FIREARMS, AMMUNITION OR EXPLOSIVES, AND IMPOSING STIFFER PENALTIES FOR CERTAIN VIOLATIONS THEREOF AND FOR RELEVANT PURPOSES