[ LETTER OF INSTRUCTION NO. 1073, October 17, 1980 ]

TO:
The Minister of Finance
The Commissioner of Customs
The Commissioner of Internal Revenue

In line with the Ten-Year Energy Program of the government, and upon recommendation of the National Economic and Development Authority under NEDA Resolution No. 14, series of 1980, the request of Pilipinas Shell Petroleum Corporation for exemption from the payment of taxes and duties on fabricated and unfabricated steel plates and connecting pipes to be imported for the construction of an additional 40,000 cubic meters floating roof crude storage tank is hereby approved and granted pursuant to the provisions of Section 105 of the Tariff and Customs Code.

This Letter of Instruction shall take effect immediately.

Done in the City of Manila, this 17th day of October, in the year of Our Lord, nineteen hundred and eighty.

(Sgd.) FERDINAND E. MARCOS
President of the Philippines