Philippine Economic Zone Authority

December 11, 1997 FIRB RESOLUTION NO. 030-97 SUBJECT : Philippine Economic Zone Authority BE IT RESOLVED, AS IT IS HEREBY RESOLVED, to renew the balance of the tax subsidy previously granted in favor of the Philippine Economic Zone Authority, pursuant to FIRB Resolution No. 30-96 (Amending the validity date of CES No. 0208 previously granted to it, in the amount of P31.64 million only, representing the taxes and duties due on its importation of materials and equipment in connection with its Cavite Export Processing Zone (CEPZ) Development Project under the 17th OECF Yen Loan Package), in the amount of P14.91 million only,: Provided, That such available 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. TcHCDE (SGD.) MA. CECILIA G. SORIANO Undersecretary of Finance Presiding Officer FIRB Reference: FIRB Technical Committee Meeting dated November 28, 1997 FIRB Meeting dated December 11, 1997 Amount Renewed: P14.91 million only.