[ LETTER OF INSTRUCTION NO. 578, July 28, 1977 ]
TO: | The Secretary of Labor The Secretary of Tourism |
Section 1 of Letter of Instruction No. 573 is hereby amended to read as follows:
"Accordingly—
- The implementation of the additional emergency allowance of P60.00 per month under Presidential Decree No. 1123, shall be as follows:
a) All hotels and other tourism lodging establishments which have began paying the aforesaid emergency allowance shall continue doing to do so.b) Any hotel or other tourism lodging establishment suffering from financial difficulties by reason of substantial loans and obligation from any government or private lending institution, the proceeds of which were used for the construction of the building and the purchase of its furnishings, may file an application for exemption, under such rules and regulations which you may jointly promulgate."
(Sgd.) FERDINAND E. MARCOS
President of the Philippines
President of the Philippines