Granting Exemption to the Metro Manila Film Festival New Wave Student Section Entries

December 14, 2012 MAKATI CITY ORDINANCE NO. 121-12 PRESENT: Councilor FERDINAND T. EUSEBIO Temporary Presiding Officer Councilor MARIE ALETHEA SJ. CASAL-UY Councilor MARIA THERESA N. DE LARA Councilor MANUEL MONSOUR T. DEL ROSARIO III Councilor VIRGILIO V. HILARIO Councilor ARNOLD C. MAGPANTAY Councilor LEONARDO M. MAGPANTAY Councilor ROMEO C. MEDINA Councilor NELSON S. PASIA Councilor TOSCA CAMILLE T. PUNO-RAMOS Councilor VINCENT T. SESE Councilor MARY RUTH C. TOLENTINO Councilor MA. CONCEPCION M. YABUT Councilor NEMESIO S. YABUT, JR. ABC President MA. ARLENE M. ORTEGA Sectoral Representative ABSENT: Vice Mayor ROMULO V. PEA, JR. Councilor HENRY A. JACOME Sick Leave Councilor SALVADOR D. PANGILINAN On Official Business SK President KARIS ISRAELLE S. CRUZADO Vacation Leave On motion presented by Councilor Manuel Monsour T. del Rosario III, duly seconded, all members of the Sangguniang Panlungsod who are present enacted the following City Ordinance on second, third and final readings: Authors: Councilors M.M.T. del Rosario III, R.C. Medina, L.M. Magpantay, V.V. Hilario, A.C. Magpantay, M.A.SJ. Casal-Uy, N.S. Pasia, V.T. Sese, Tosca Camille T. Puno-Ramos, M.T.N. de Lara, F.T. Eusebio, M.R.C. Tolentino, M.C.M. Yabut, M.A.M. Ortega & N.S. Yabut, Jr. AN ORDINANCE GRANTING EXEMPTION TO THE METRO MANILA FILM FESTIVAL NEW WAVE STUDENT SECTION ENTRIES FROM ASSESSMENT AND PAYMENT OF 10% AMUSEMENT TAX FROM DECEMBER 18, 2012 TO DECEMBER 22, 2012 ONLY, SUBJECT TO ALL LAWS AND EXISTING LEGAL RULES AND REGULATIONS WHEREAS, Section 192 of the Local Government Code (RA 7160) states: "Section 192. Authority to Grant Tax Exemption Privileges. Local government units may, through ordinances duly approved, grant tax exemptions, incentives or reliefs under such terms and conditions as they may deem necessary. " HEcSDa WHEREAS, the Metro Manila Film Festival requests the City Government of Makati through Honorable Mayor Jejomar Erwin S. Binay, Jr. for exemption from the payment of 10% amusement tax for its New Wave Student Section entries; WHEREAS, the City Government of Makati is cognizant of the fact that the exemption from this amusement tax will benefit no other than the future of Philippine cinemas. NOW, THEREFORE, BE IT ENACTED, AS IT IS HEREBY ENACTED, BY THE SANGGUNIANG PANLUNGSOD OF MAKATI, METRO MANILA, BY VIRTUE OF THE POWERS VESTED IN IT BY LAW, IN SESSION ASSEMBLED, that: SECTION 1. Exemption from the payment of 10% amusement tax for the New Wave Student Section Entries of the Metro Manila Film Festival (MMFF) from December 18, 2012 to December 22, 2012 only is hereby granted, subject to all laws and existing legal rules and regulations. SECTION 2. Let copy of this Ordinance be furnished the MMFF and other department, offices and agencies concerned for their information, guidance and reference. SECTION 3. This Ordinance shall take effect immediately upon its approval. ENACTED BY THE SANGGUNIANG PANLUNGSOD OF MAKATI, METRO MANILA, in its special session held on December 14, 2012. DacASC Certified true and correct by: ATTY. ANA LUZ B. CRISTAL, MNSA, CPA Sanggunian Secretary Attested by: COUN. FERDINAND T. EUSEBIO Temporary Presiding Officer Approved by: JEJOMAR ERWIN S. BINAY, JR. City Mayor <http://www.makati.gov.ph/portal/roms/docs/ORD.%202012/2012-121.pdf> last visited November 12, 2013.