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LETTER OF INSTRUCTIONS
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LETTER OF INSTRUCTIONS NO. 1178 |
National Economic and Development Authority (NEDA)
Ministry of the Budget
1.
The EDPITAF, through the Textbook Board Secretariat, is allowed to
import newsprint, through international bidding, for the benefit of the
book publishers for the printing of educational materials, including
those for use as basic school pads and notebooks, on a tax and
duty-free basis.
2. The Budget
Ministry is to release the equivalent of taxes and duty to the EDPITAF
on the required importation.
3. The volume
of this importation shall be equal to that imported under LOI No. 915.
Any excess over said quantity which may be required shall be
ascertained by the National Economic and Development Authority and will
be determined for the duration of the shortage in supplies of
newsprint. This authority to import newsprint will expire one year from
this signing, unless further renewed.
Done in the City of Manila, this 10th day of December, in the year of Our Lord, nineteen hundred and eighty-one.
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Since 19.07.98.
