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LETTER OF INSTRUCTIONS
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LETTER OF INSTRUCTIONS NO. 1287 |
The Chairman, Board of Transportation
The President, Philippine National Bank
The Chairman, Development Bank of the Philippines
The President, Land Bank of the Philippines
The Kilusang Kabuhayan at Kaunlaran Secretariat
All Heads of Ministries, Bureaus, Offices and Other
Government Agencies Concerned
WHEREAS, there is now a need to implement a nationwide energy conservation program aimed at reducing the country's dependence on imported oil and tapping alternative sources of energy;
WHEREAS, there have been various Executive Orders enjoining the promotion and widespread application of gasifier equipment;
WHEREAS, incentives must be given in order to encourage the use of gasifier equipment;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby direct:
1.
Any persons, whether natural or juridical, who leases, purchases,
acquires, utilizes and employs gasifier equipment and accessories
produced, manufactured or sold by the Philippine Dendro Gasifier
Corporation or through any of its marketing arms, shall be given
priority in their respective applications for any franchise, permit or
certificate of public convenience: Provided, That such gasifier
equipment are utilized and employed in each and every vehicle,
machinery or appliance operated by virtue of the franchise, permit or
certificate of public convenience applied for.
2. The
Philippine National Bank, the Land Bank of the Philippines and the
Development Bank of the Philippines are hereby enjoined to set aside
TEN MILLION PESOS (P10,000,000.00) each for the purpose of funding
either directly or through the Kilusang Kabuhayan at Kaunlaran (KKK)
the requirements of any person, natural or juridical, who desires and
qualifies to lease, purchase or otherwise acquire any and all kinds of
gasifier or equipment produced or manufactured by the Philippine Dendro
Gasifier Corporation.
3. The lending
policies that shall be adopted by said Government Banks for the
acquisition of gasifier equipment shall follows the lending terms of
the Farm Systems Development Corporation (FSDC) and the Kilusang
Kabuhayan at Kaunlaran (KKK). Same terms shall however apply to
individual borrowers inasmuch as lending terms of said organizations
were designed for group or cooperative loans.
Done in the City of Manila, this 12th day of February, in the year of Our Lord, nineteen hundred and eighty-three.
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Since 19.07.98.