EXECUTIVE ORDER NO. 926 - MODIFYING THE RATES OF DUTY ON CERTAIN IMPORTED ARTICLES AS PROVIDED UNDER PRESIDENTIAL DECREE NO. 1464, AS AMENDED, OTHERWISE KNOWN AS THE TARIFF AND CUSTOMS CODE OF 1978

Pursuant to the powers vested in me by Sec. 401 of the Tariff and Customs Code, as amended, I, FERDINAND E. MARCOS, President of the Philippines, do hereby direct and order: 

Section 1. The rates of import duty under heading Nos. 56.01 and 56.02 of the Code are hereby amended to read as follows:

 56.01 Man-made fibers (discontinuous)

not carded, combed or otherwise
prepared for spinning:
1981 1982 1983 1984 1985
100 x x x x 20% 30% 30%
200 Polyester fibers .. ad val.
(210 Polyester stapes fibres,
except when imported
directly by textile mills
under prior authorization
of the Board of Investments
  . . . ad val. 30% 30% 20% 20% 20%)

tow, except when
imported directly by
  textile mills under prior
authorization of the
Board of Investments... ad val. 30% 30% 20% 20% 20%)