PRESIDENTIAL DECREE NO. 1390, May 30, 1978
AMENDING PRESIDENTIAL DECREE NO. 1352 DATED APRIL 21, 1978 SO AS TO INCLUDE THOSE WHICH ARE EXEMPT UNDER PRESIDENTIAL DECREE NO. 415
the Philippines Self-Reliant Defense Posture (SRDP) Program are vital to the
security of the Republic of the Philippines because of the nature of the
products and are pioneering industries in the in-country manufacture of defense
items which heretofore used to be purchased and acquired from sources
abroad;
WHEREAS, at the early stage of the life of the industries
under the Armed Forces of the Philippines Self-Reliant Defense Posture (SRDP)
Program, the Armed Forces of the Philippines is the sole market and the customs
duty and internal revenue tax that will be imposed subsequently would only be
passed on to the Armed Forces of the Philippines.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers vested in me by the Constitution, do hereby
order that:
SECTION 1 of Presidential Decree No. 1352, dated April 21,
1978, is hereby amended so as to include therein the following:
“14. Those which are exempt under Presidential Decree No.
415.”
This Decree shall take effect immediately.
Done in the City of Manila, this 30th day of May, in the year of Our Lord,
nineteen hundred and seventy-eight.
(Sgd.) FERDINAND E. MARCOS
President of the
Philippines
By the President: (Sgd.) JUAN C. TUVERA Presidential Assistant