Requirement for Importation of Vinyl-Asbestos Tiles
Letter of Instructions No. 964, issued on November 28, 1979, mandates that the importation of vinyl-asbestos tiles in the Philippines is contingent upon certification from the Board of Investments (BOI). This certification must confirm that BOI-registered domestic enterprises are unable to meet the demand for the product. All applications for importation, regardless of payment methods, must include this certification for approval. The directive is effective immediately and underscores the government's intent to prioritize local production.
Law Information
- Reference Number
- Letter of Instructions No. 964
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Letters of Instructions
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
November 28, 1979
LETTER OF INSTRUCTIONS NO. 964
| TO | : | The Minister |
| Ministry of Industry | ||
| The Chairman | ||
| Board of Investments | ||
| The Governor | ||
| Central Bank of the Philippines | ||
| The Commissioner | ||
| Bureau of Customs |
Pursuant and subject to the provisions of Section 6, subparagraph (i) and (j) of Republic Act No. 5186, the importation of vinyl-asbestos tiles shall be allowed only upon certification of the Board of Investments of the inability of BOI-registered domestic enterprises to supply the demand for the product. Henceforth, all applications for the importation of vinyl-asbestos tiles either through letters of credit, documents against acceptance or open account arrangements or any other mode of payment shall be supported by the abovestated certification.
For immediate implementation.
DONE in the City of Manila, this 28th day of November, in the year of Our Lord, Nineteen Hundred and Seventy-Nine.
Cite This Law
Requirement for Importation of Vinyl-Asbestos Tiles, Letter of Instructions No. 964, Nov 28, 1979 (Philippines)
Requirement for Importation of Vinyl-Asbestos Tiles, Letter of Instructions No. 964 (Phil. 1979)
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