LETTER OF INSTRUCTIONS NO. 154 - ANNOUNCING THE APPROVAL AND EFFECTIVITY OF THE ADDENDA TO THE SIXTH INVESTMENT PRIORITIES PLAN AND FOURTH EXPORT PRIORITIES PLAN UNDER THE INVESTMENT INCENTIVES ACT AND EXPORT INCENTIVES ACT

WHEREAS, pursuant to the provisions of Republic Act No. 5186, otherwise known as the Investment Incentives Act, and Republic Act No. 6135, otherwise known as the Export Incentives Act, the Board of Investments has prepared the Addenda to the Sixth Investment Priorities Plan and the Fourth Export Priorities Plan and the same have been submitted to me for approval through, and with the recommendation of the National Economic and Development Authority; 

WHEREAS, after a careful study of the said Addenda to the Plans and their supporting data, I found the Addenda to be feasible and in conformity with law and accordingly approved it.

NOW, THEREFORE, pursuant to Section 18 of Republic Act No. 5186 and Sec. 4 of Republic Act No. 6135, I, FERDINAND E. MARCOS, President of the Philippines, do hereby declare and proclaim in effect the Addenda to the Sixth Investment Priorities Plan and the Fourth Export Priorities Plan hereto attached.

Done in the City of Manila, this 26th day of December, in the year of Our Lord, nineteen hundred and seventy-three.  

chanrobles virtual law library
  Back to Main

Since 19.07.98.