MEMORANDUM ORDER NO. 396, September 14, 1996
[ MEMORANDUM ORDER NO. 396, September 14, 1996 ]
EXTENDING THE PERIOD OF EXEMPTION 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 in order to sustain and accelerate economic development in Mindanao, the 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) is hereby extended to March 1998.
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: 14 Sept. 1996
(SGD.) FIDEL V. RAMOS President of the Philippines
By the President:
(SGD.) RUBEN D. TORRES Executive Secretary
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