Fertilizer and Pesticide Authority (6)
FIRB Resolution No. 018-90 • Fiscal Incentives Review Board • Resolutions • Apr 19, 1990
Full text
April 19, 1990 FIRB RESOLUTION NO. 018-90 SUBJECT : Fertilizer and Pesticide Authority (6) BE IT RESOLVED, AS IT IS HEREBY RESOLVED, to endorse to the Department of Budget and Management the subsidy availment of the Fertilizer and Pesticide Authority in the amount of P1,256,996,327 . 00 only, representing tax and duty liabilities on its fertilizer importations released under the deferred payment scheme for the periods 1986 to 1989: Provided , That such amount shall be chargeable against the balance of the 1990 Tax Expenditures Fund, after all subsidy availments earmarked for the year 1990 have been accommodated, 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: Provided , Further , That any amount of subsidy availment herein endorsed for the FPA which still remains outstanding thereafter shall be included in the proposed 1991 Tax Expenditures Fund. cdt (SGD.) JESUS P. ESTANISLAO Secretary Chairman FIRB References : FIRB Technical Committee Meeting dated March 29, 1990 FIRB Meeting dated April 18, 1990
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.