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National Food Authority (1)

FIRB Resolution No. 042-95 • Fiscal Incentives Review Board • Resolutions • Dec 11, 1995

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December 11, 1995 FIRB RESOLUTION NO. 042-95 SUBJECT : National Food Authority (1) BE IT RESOLVED, AS IT IS HEREBY RESOLVED, to approve the application for subsidy availment of the National Food Authority in the amount of P1,353,403 . 00 only , representing the duties and taxes due on its importation of a Rice Processing Unit (Gentlemilling Rice Plant) acquired through a donation from the Satake Corporation of Japan: Provided , That such availment shall be in accordance with the terms and conditions of Section 12 of the 1995 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 October 25, 1995 FIRB Meeting dated December 8, 1995

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