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[LETTER OF INSTRUCTIONS NO. 964, (1979-11-28)](http://lawyerly.ph/laws/view/l661e)
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[ LETTER OF INSTRUCTIONS NO. 964, November 28, 1979 ]

TO:
The Minister
Ministry of Industry
 
 
The Chairman
Board of Investments
 
 
The Governor
Central Bank of the Philippines
 
 
The Commissioner
Bureau of Customs

Pursuant  and subject to the provisions of Section 6, subparagraph (i) and (j) of Republic Act No. 5186,  the importation of vinyl-asbestos tiles shall be allowed only upon certification of the Board of Investments of the inability of BOI-registered domestic enterprises to supply the demand  for the product.  Henceforth,  all applications for the  importation of vinyl-asbestos tiles either through letters of credit, documents  against acceptance or open account arrangements  or my other node of payment shall be supported by the abovestated certification.

For immediate implementation.

Done  in the  City of Manila,  this 28th day of November, in the year of Our Lord, nineteen hundred and seventy-nine.

(Sgd.) FERDINAND E. MARCOS
President of the Philippines

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