FIRB Resolution No. 004-87

April 13, 1987 FIRB RESOLUTION NO. 004-87 BE IT RESOLVED, AS IT IS HEREBY RESOLVED, That the exemption privileges of the Asset Privatization Trust (APT) and corporations/assets held by it under the terms and conditions of Proclamation No. 50, as amended, are hereby restored, effective March 10, 1987: Provided , however , That the exemptions from documentary stamp tax and registration fees corresponding to the acquisition or purchase of corporations/assets and the disposition thereof by the APT to any private buyer remain withdrawn; Provided , further , That once said corporations/assets are acquired or purchased by, or disposed of to any private buyer, the exemption privileges referred to herein shall automatically lapse. aisadc (SGD.) JAIME V. ONGPIN Secretary of Finance Chairman, FIRB