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EXECUTIVE ORDER NO. 964


 


EXECUTIVE ORDER NO. 964 - MODIFYING THE RATES OF IMPORT DUTY OF CERTAIN IMPORTED ARTICLES AS PROVIDED UNDER PRESIDENTIAL DECREE NO. 1464, AS AMENDED, IN ORDER TO IMPLEMENT ON PREFERENTIAL TRADING ARRANGEMENTS WITH RESPECT TO CERTAIN ARTICLES NEGOTIATED DURING THE FIFTEENTH AND SIXTEENTH MEETINGS OF THE ASEAN COMMITTEE ON TRADE AND TOURISM
 


Pursuant to the powers vested in me by Section 402 of Presidential Decree No. 1464, as amended, I, FERDINAND E. MARCOS, President of the Philippines, do hereby direct and order that: 

SECTION 1.    The articles specifically listed in Annex “A” hereof as classified under Section 104 of Presidential Decree No. 1464, as amended, shall be accorded the margins of tariff preference as specified in column 5 of said Annex “A”. In effect, such articles shall be subject to the Preferential Tariff for ASEAN in accordance with the schedule indicated opposite each articles as specified in columns 6-7 of said Annex “A”.

SECTION 2.    In the event that any subsequent changes are made in the basic Philippine rate of duty on any of the abovementioned articles, such articles shall automatically be accorded the corresponding margins of preference indicated in column 5 of Annex “A” hereof.

SECTION 3.    After the date of effectivity of this Order, all the above-described articles entered or withdrawn from warehouse, in the Philippines, for consumption shall be subject to the rate of import duty herein prescribed subject to qualification under the Rules of Origin as specified in the Agreement on ASEAN Preferential Trading Arrangements ratified on August 1, 1977.

SECTION 4.    This Order shall take effect on January 17, 1984. 

Done in the City of Manila, this 20th day of June in the Year of Our Lord, nineteen hundred and eighty-four.

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