WHEREAS,
Letter of Instructions No. 210 dated August 20, 1974 extended the
Balikbayan program to another period beginning September 1, 1974 to
February 29, 1976; chanroblesvirtualawlibrary
WHEREAS, while paragraph 4 of Letter of Instructions No. 210 reminds
all concerned about the benefits extended by Presidential Decree No.
439 to homecoming Overseas Filipinos intending to permanently reside in
the Philippines, said Decree specifically provided the arrival of those
homecoming Overseas Filipinos to be not later than August 31, 1974,
which date has to be amended to coincide with the new extension of the
Balikbayan program to expire on February 29, 1976;chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution, do hereby
amend Section 1 of Presidential Decree No. 439 to read as follows:cralaw:red
Section 1. Provisions of Section 105 of the Tariff
and Customs Code, as amended, to the contrary notwithstanding,
professional instruments and implements, tools of trade, occupation or
employment, wearing apparel, domestic animals, and personal and
household effects belonging to persons coming to settle in the
Philippines or Filipinos and/or their families and descendants who are
now residents or citizens of other countries, such parties herein
referred to as Overseas Filipinos, in quantities and of the class
suitable to the profession, rank or position of the person importing
them, for their own use and not for barter or sale, accompanying such
persons, arriving within a reasonable time, in the discretion of the
Collector of Customs, before or after the arrival of their owners which
shall not be later than February 29, 1976, upon the production of
evidence satisfactory to the Collector of Customs that such persons are
actually coming to settle in the Philippines, that change of residence
was bona fide and that the privilege of free entry was never granted to
them before or that such person qualifies under the provisions of
Letters of Instructions 105, 163 and 210, and that the articles are
brought from their former place of abode, shall be exempt from the
payment of customs duties and taxes; Provided, That vehicles,
vessels,rcraft, machineries and other similar articles for use in
manufacture, shall not be classified hereunder. chanroblesvirtualawlibrary
Section 2. This Decree shall take effect immediately.
Done in the City of Manila,
this 2nd day of December, in the year of Our Lord, nineteen hundred and
seventy-four.
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