Executive Order No. 336 (1971) — , President of the Philippines, upon the recommendation of the Board of Investments, and pursuant to the provisions of Section 8(c) of Republic Act No. 5186, otherwise known as the Investment Incentives Act, do hereby certify that the production in the Philippines of cold-rolled steel black sheets, as a preferred pioneer industry, shall be entitled to a post-operative tariff protection in the form of increased customs duties on cold-rolled black sheets, (cold-rolled steel sheets and coils) subje

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Executive Order No. 336 (1971)

, President of the Philippines, upon the recommendation of the Board of Investments, and pursuant to the provisions of Section 8(c) of Republic Act No. 5186, otherwise known as the Investment Incentives Act, do hereby certify that the production in the Philippines of cold-rolled steel black sheets, as a preferred pioneer industry, shall be entitled to a post-operative tariff protection in the form of increased customs duties on cold-rolled black sheets, (cold-rolled steel sheets and coils) subje

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Section 1 Section 2 Section 3

Section 1

Section 1. The articles specifically listed hereunder as classified under Section 104 of Republic Act Number Nineteen Hundred Thirty-Seven shall pay the following rates of import duty:

Tariff Heading No.

Description of Articles

Rate of Duty

73.12

Hoop and strip of iron and steel, hot-rolled or cold-rolled;

A. Cold-rolled hoop and Strip of Steel

ad val. 40%

B. Other

ad val. 7 —%

73.13

Sheets and plates of iron or steel, hot-rolled or cold-rolled;

A. xxxxxxxxxxxx

B. Cold-rolled black sheets excluding enameling iron sheets when imported directly by enameling ware manufacturers certified as such by both the National Economic Council and the Tariff Commission

ad val. 40%

C. Other

ad val. 20%

Section 2

Section 2. Upon the expiration of thirty (30) days from the issuance of this Order, all the above-described articles entered or withdrawn from warehouse in the Philippines for consumption shall be subject to the rates of import duty herein above-prescribed.

Section 3

Section 3. Any unwarranted increase in the prices of local products benefited by these tariff changes shall constitute ground for the modification of these post-operative tariff rates.

The Board of Investments shall take the proper representations with the Tariff Commission for appropriate action.

Done in the City of Manila, this 31st day of August, in the year of Our Lord, nineteen hundred and seventy-one.

(SGD.)— FERDINAND E. MARCOS President of the Philippines

By the President:

(SGD.)— ALEJANDRO MELCHOR Executive Secretary