ChanRobles Virtual law Library
PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Home > Chan Robles Virtual Law Library > Philippine Laws, Statutes & Codes > :
Search for
www.chanrobles.com
:
EXECUTIVE ORDERS
PLEASE CLICK HERE FOR THE LATEST ➔ PHILIPPINE LAWS, STATUTES & CODES
EXECUTIVE ORDER NO. 569 -
AUTHORIZING THE BOARD OF INVESTMENTS TO EXTEND THE PERIOD OF AVAILMENT
OF INCENTIVES BY, OR INCREASE THE RATES OF TAX EXEMPTIONS OF,
REGISTERED ENTERPRISES
WHEREAS,
Presidential Decree No. 1584 provides that the President, in
meritorious cases and upon recommendation of the Board of Investments,
is authorized to liberate the incentives under R.A. 5186, R.A. 6135 and
P.D. 1159, by extending the period of availment of incentives or
increasing the rates of tax exemption;
WHEREAS, in the light of the need for immediate assistance to firms,
particularly those, in distressed conditions, there is a need for BOI
in meritorious cases to immediately grant requests for liberalization
of incentives under the aforesaid laws;
WHEREAS, Presidential Decree No. 1416 authorizes the President to
reorganize the government;
WHEREAS, such assistance is necessary for sustaining industrial growth
and development;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Republic of
the Philippines, by virtue of the powers vested in me by the
Constitution, do hereby order that:
Section 1.
(1)
(2)
(3)
(4)
(5)
Sec. 2.
Sec. 3.
Sec. 4.
DONE in the City of Manila,
this 23rd day of November, in the year of Our Lord, nineteen hundred
and seventy-nine.
chanroblesvirtuallawlibrary
Back to Main
chan robles virtual law library
Since 19.07.98.