Metro Manila Transit Corporation (1)
FIRB Resolution No. 013-97 • Fiscal Incentives Review Board • Resolutions • May 15, 1997
Full text
May 15, 1997 FIRB RESOLUTION NO. 013-97 SUBJECT : Metro Manila Transit Corporation (1) BE IT RESOLVED, AS IT IS HEREBY RESOLVED, to approve the application for subsidy availment of the Metro Manila Transit Corporation in the amount of P59,582,754.00 only, representing the taxes and duties due on its 1989-1990 importations of buses and engines only, relative to its Bus Installment Purchase Program. Provided , that such availment shall be in accordance with the terms and conditions of Section 13 of the 1997 General Appropriations Act, subject to the availability of funds therefor, pursuant to the terms and conditions of the Rules and Regulations to Implement the Subsidy Provision under Executive Order No. 93. (SGD.) ANTONIO P. BELICENA Undersecretary of Finance Chairman, FIRB Technical Committee For the Presiding Officer FIRB Reference: FIRB Technical Committee Meetings dated April 28, 1997 FIRB Meeting dated May 15, 1997 Amount Renewed: P59,582,754.00 only.
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