LETTER OF INSTRUCTIONS NO. 656, January 10, 1978
[ LETTER OF INSTRUCTIONS NO. 656, January 10, 1978 ]
TO: The Chairman Board of Investments
The Governor Central Bank of the Philippines
The Commissioner Bureau of Customs
Pursuant to Section 16(1) of R.A. 5186 and in support of the Electronics Local Content Program, which is intended to rationalize the manufacture of television receivers, sound reproducing appliances, radio receivers, and combinations and components thereof utilizing local materials on a progressively increasing local content annually, importation of parts, components and supplies prescribed for local manufacture as indicated in Annex A shall be restricted. No foreign exchange will be utilized for the importation of the said components and parts without a certification of the BOI that the importer is not covered by the Program.
The BOI is directed to make periodic review of the above Program and to make the appropriate recommendation to the President on the continued restriction of the importation of the said parts and components.
Manila, January 10, 1978
(Sgd.) FERDINAND E. MARCOS President of the Philippines
ANNEX "A"
PARTS, COMPONENTS AND SUPPLIES PRESCRIBED AS LOCAL CONTENT UNDER THE ELCP
Printed circuit boards
Coils and transformers
Cabinets and loudspeakers enclosures
Chassis, and sheet metalwares attached to chassis and forming part thereof
Cabinet and chassis accessories, decorative trims, speaker grilles, nameplates, emblems, dials, knobs, backcovers, CRT cups, masks, grille cloth, escutcheons, frames, fronts, control panel assemblies, bezels sliding door railings/guides, lug-type terminal strips
Monochrome TV picture tubes
Loudspeakers
Antenna
Single conductor hook-up wires (pre-cut and/or pre-trimned) and power cords
Solder
Plastic brackets and supports
Packaging materials 13c Mechanical TV tuners, AM, FM and AM/FM tuners
N O T E S
The following: components are, however, exempted:
For Item #1, those which form part of assemblies specifically exempted
For Item #2, yoke, flyback, convergence, delay lines, and pincushion assemblies, molded coils, encapsulated peaking coils, encapsulated LC or LR modules, crystal filter modules, buffer, coupler,toroidal, and these used in TV tuners and in discrete 4-channel stereo demodulator
For Item #5, metal knobs, die-cast frames, die-cast fronts, and die-cast control panel assemblies
For Item #8, telescopic antenna
For Item #13, TV tuners for color TV, push button type AM and/or FM tuners for car radios, and FM-4 channel tuner/demodulator
Importation of cabinet and chassis accessories for color TV may be allowed, subject to prior BOI approval,
Importation of high fidelity loudspeakers shall be allowed subject to prior BOI approval.
Want an analysis of this document?
Ask ASG Legal AI to summarize it, compare it with other rulings, or explain how it applies to your situation — it researches from this same library.