Amending P.D. No. 1193 Re: Authorizing Tourist Duty-Free Shops to Operate Duty and Tax Free Stores

November 28, 1977

PRESIDENTIAL DECREE NO. 1252

AMENDING PRESIDENTIAL DECREE NO. 1193 ENTITLED, "AUTHORIZING THE TOURIST DUTY-FREE SHOPS, INC. TO ESTABLISH AND OPERATE DUTY AND TAX FREE STORES AND REQUIRING IT TO PAY FRANCHISE TAX IN LIEU OF ALL OTHER TAXES"

WHEREAS, there is need to rationalize the availment of the privileges by identifying who shall be allowed to purchase duty and tax free articles or merchandise;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and decree the following:

SECTION 1. Section six of Presidential Decree No. 1193 is hereby amended to read as follows:

"Sec. 6. Imported articles/merchandise in stock in such Tourist Duty-Free Shops may be sold duty/tax free to:

"a) Foreign embassies, legations, consular offices except consuls ad honorem who are nationals of the Philippines, and other foreign governments and/or international agencies, institutions, associations, or organizations, entitled to exemptions pursuant to agreements or special laws, without the necessity of securing prior approval from the departments of Foreign Affairs and Finance;

"b) . . .

"c) . . .

"d) . . .

SECTION 2. This Decree shall take effect immediately. casia

DONE in the City of Manila, this 28th day of November, in the year of Our Lord, Nineteen Hundred and Seventy-Seven.