[ 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
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