VRB MEMORANDUM CIRCULAR NO. 06-88, June 29, 1988
Videogram Commercial Permits and Special Commercial Permits
1. For Locally Prouced Films – Applicant to present duly notarized original contract/s showing his rights.
2. For Foreign Films – Applicant to present original contract/s showing his rights:
a. For contract/s or agreement/s executed outside the Philippines, authentication by the Philippine Consul is required.
b. For contract/s or agreement/s executed in a country where there is no Philippine Consulate, the following shall be observed:
1. the local licensee shall submit a sworn statement that he/she has entered into an agreement with the licensor attaching thereto the original copy of a certified true copy of the contract or agreement.
2. the Videogram Regulatory Board shall verify, by telex machine, the veracity and genuiness of the contract/s or agreement/s submitted. The expenses incurred therein shall be for the account of the applicant.
The above shall take effect on 15 July 1988.
Adopted: 29 June 1988
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(SGD.) EDUARDO O. CARRASCOSO
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Chairman and Chief Executive Officer |