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


By the President:

(SGD.) RUBEN D. TORRES
Executive Secretary