Amending Sec. 12 of DO No. 03-08 (IRR of RA 9400, Amending RA 7227, The Bases Conversion and Development Act of 1992)
DOF Department Order No. 018-13 • Department of Finance • DOF Orders • Apr 16, 2013
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April 16, 2013 DOF DEPARTMENT ORDER NO. 018-13 AMENDMENT OF SECTION 12 OF DEPARTMENT ORDER NO. 03-08 ENTITLED "RULES AND REGULATIONS TO IMPLEMENT REPUBLIC ACT 9400, AN ACT AMENDING REPUBLIC ACT 7227, OTHERWISE KNOWN AS THE BASES CONVERSION AND DEVELOPMENT ACT OF 1992, AND FOR OTHER PURPOSES" SECTION 1. Section 12 of DOF Department Order No. 03-08 is hereby amended to read as follows: "Section 12. Availment of Incentives . It is understood that henceforth, registered Ecozone and Freeport Enterprises already availing of the incentives and benefits under RA 9400 in accordance with these rules, shall be expressly disqualified from availing of the incentives and benefits defined and/or granted under other laws, rules and regulations. Qualified enterprises already enjoying incentives under other preferential regimes should have their registrations thereunder cancelled before they may subsequently avail of the benefits provided under RA 9400." SECTION 2. Repealing Clause . All orders, circulars, memoranda, and other issuances, or parts thereof, which are inconsistent with this Department Order, are hereby repealed or modified accordingly. SECTION 3. Effectivity . This Department Order shall take effect fifteen days after its publication in the Official Gazette or in two newspapers of general circulation. HcTIDC (SGD.) CESAR V. PURISIMA Secretary Published in The Philippine Star on April 29, 2013 .
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