Light Rail Transit Authority (3)
FIRB Resolution No. 033-96 • Fiscal Incentives Review Board • Resolutions • Dec 6, 1996
Full text
December 6, 1996 FIRB RESOLUTION NO. 033-96 SUBJECT : Light Rail Transit Authority (3) BE IT RESOLVED, AS IT IS HEREBY RESOLVED, to approve the application for subsidy availment of the Light Rail Transit Authority in the amount of P29 . 964 million only , representing taxes and duties due on its importation of spare parts and equipment for the rehabilitation program and regular maintenance and operation of the LRT system: Provided , That such availment shall be in accordance with the terms and conditions of Section 12 of the 1996 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.) MA. CECILIA G. SORIANO Undersecretary of Finance Presiding Officer FIRB References : FIRB Technical Committee Meeting dated September 12, 1996 FIRB Meeting dated December 6, 1996 Resolution No. Amount 4-96 (renewal) P18.40 million 24-96 (amendment of validity date) - 33-96 (new) 29.964 Total P48.364 million =======
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