MEMORANDUM ORDER NO. 266, March 01, 1995

[ MEMORANDUM ORDER NO. 266, March 01, 1995 ]

AUTHORIZING EXEMPTION FROM PAYMENT OF TRAVEL TAX TO ALL PASSENGERS BY AIR AND/OR SEA ORIGINATING FROM ALL INTERNATIONAL PORTS IN MINDANAO TO ANY DESTINATION WITHIN THE BIMP-EAGA (BRUNEI DARRUSALAM, INDONESIA, MALAYSIA, PHILIPPINES - EAST ASEAN GROWTH AREA)

For reasons of national interest, and upon recommendation of the Ad-Hoc Committee created under Memorandum Order No. 237, dated October 4, 1994, all passengers by air and/or sea originating from all international ports in Mindanao to any destination within the BIMP-EAGA (Brunei Darussalam, Indonesia, Malaysia, Philippines - East Asean Growth Area) are hereby exempted from payment of travel tax for a period of two (2) years from the effectivity of this order, unless sooner revoked, pursuant to Presidential Decree No. 1183, as amended. For purposes of this order, a Travel Tax Exemption Certificate may be secured from the Philippine Tourism Authority.

This Memorandum Order shall take effect immediately.

Adopted: 01 March 1995

(SGD.) FIDEL V. RAMOS President

By the President:

(SGD.) TEOFISTO T. GUINGONA, JR. Executive Secretary