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Service Contractors/Petroleum Service Subcontractors

FIRB Resolution No. 052-85 • Fiscal Incentives Review Board • Resolutions • Oct 1, 1985

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October 1, 1985 FIRB RESOLUTION NO. 052-85 SUBJECT : Service Contractors/Petroleum Service Subcontractors BE IT RESOLVED, AS IT IS HEREBY RESOLVED, That the tax and duty exemption privileges of: (1) petroleum service contractors under PD 87, as amended, and their subcontractors under PD 1354; (2) coal operating contractors under PD 972, as amended; and (3) geothermal service contractors under PD 1442; and withdrawn by PD 1955, are hereby restored effective 15 October 1984. FIRB Resolution No. 20-85 is also hereby repealed. (SGD.) CESAR E. A. VIRATA Minister of Finance Chairman FIRB

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