AN ACT REPEALING PARAGRAPH THREE, SECTION ONE, 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 MUNIFACTURE OF FIREARMS, AMMUNITION OR EXPLOSIVES, AND IMPOSING STIFFER PENALTIES FOR CERTAIN VIOLATION THEREOF AND FOR RELEVANT PURPOSES'(in subst. of hbs 623; 1671; 3003; & 3213)