Pursuant to the power vested in me by Article 46(d) of Presidential Decree No. 1789, otherwise known as the œOmnibus Investment Code,  I FERDINAND E. MARCOS, President of the Philippines, upon the recommendation of the Board of Investments (BOI), do hereby certify, direct and order:

SECTION 1. The production in the Philippines of fiberglass insulating materials, as a preferred pioneer industry, shall be entitled to post-operative tariff protection by increasing the tariff rates of imported glass wool insulating products which are similar to those being manufactured or produced by ACI FIBERGLASS (PHILS.), INC., a BOI registered pioneer enterprise operating on a commercial scale.

SECTION 2. The articles specifically listed hereunder as classified under Section 104 of Presidential Decree No. 1464, as amended, shall pay the following rates of import duty:
 

Tariff

        Heading

        No.

Description Articles

Rate of Duty

Present

Recommended Effective on or after January 1

1983-1985

1986

1987

68.07

Slag, wool, rock wool and similar mineral exfoliated, vermiculite, expanded clays, foamed slag and similar expanded mineral materials; mixtures and articles of heat-insulating or sound-insulating mineral materials,Other than those falling in Heading Nos. 68.12 or 68.13 or in chapter 69 . . . .

Unified rate of ad val 20%

A. PANELS AND BOARDS MADE OF MINERAL WOOL

ad. val.

40%

30%

20%

B. OTHERS

ad. val.

20%

20%

20%

70.20

Glass fibre (including wool), yarns, fabrics and articles made therefrom:

A. Glass fibre (including wool)

ad. val. 30%

B. Others

ad. val. 40%

A. GLASS FIBRE

ad. val.

30%

30%

30%

B. GLASS WOOL AND PRODUCTS

ad. val.

40%

30%

30%

C. OTHERS

ad. val.

40%

40%

40%

SECTION 3. Any unwarranted increase in the prices of local products benefited by these tariff changes shall constitute ground for the modification of these post-operative tariff rates. The Board of Investments shall make the proper representations with the Tariff Commission for appropriate action in accordance with Section 401 of the Tariff and Customs Code.

SECTION 4. All Orders, Rules and Regulations or parts thereof inconsistent with the provisions of this order are hereby repealed.

Done in the City of Manila, this 4th day of October in the year of our Lord, nineteen hundred and eighty-two.


By the President:

(SGD.) JUAN C. TUVERA