Executive Order No. 141 (1987)

LIBRAR )' MALACANANG

Manila EXECUTIVE ORDER NO.1 4 1 MODIFYING THE R~TES OF IMPORT DUTY ON CERTAIN I:WORTED ARTICLES AS PROVIDED UNDER THE TARIFF AND CUSTOMS CODE OF 1978, AS AMENDED, IN ORDER TO I~WL&~T THE MARGINS OF PREFERENCE IN ACCORDANCE WITH THE AS&~N AGREEMENT ON PREFEREi'ITIAL TR..-\DING AR..I:?ANG~1E.1\TTS WITH P.ESPECT TO CERTAIN ARTICLES NEGOTIATED DURING THE TW&~TY FIRST ~~TING OF THE ASEAN COMMITTEE ON TRADE AND TOURISM Pursuant to the powers vested in me by Section 402 of the Tariff and Customs Code of 1978, as amended, I, CORAZON C. .~QUINO, President of the Philippines, do hereby order: .

SECTION 1. The articles speci'fically listed hereunder as classi.fied under

Section 104 of the Tariff and Customs Code of 1978, as a.me~ded, shall be accorded thc li.argins of tariff preference as specified in Column 4. In effect, such articles sh~ll be subject to the Preferential Tariff for ASEAN in accordance with the schedule indicated opposite each article as specified in Column 5. Tariff He~d!ng, {I) Ra te of -.Q~1- Margin Preference (4) ASEAN Preferential Tariff (5) Description of Product (2) 30)(; 21% 40.11 300 New pneumatic tyres of a kind normally used on aircraft Additional 1076 4096 24% ex 59.11 900 Rubberized nylon fabric for tyre manufacture Additional "20'}6.

SECTION 2. In the event that any subsequent changes are made in the basic Philippine rate of duty on any of the above-mentioned articles, such articles shall automatically be accorded the corresponding margins of preference indicated in Column 4.

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SECTION 3. After the effective date of this Executive Order, all the above-described articles entered or with-drawn from warehouses in the Philippines for consumption shall be subject to the rate of import duty herein prescribed subject to qualification under the Rules of Origin as pres-cribed in the ~greement on ASEAN Preferential Trading .~rrangements ratified on August 1, 1977.

SECTION 4. This Executive Order shall take effect on November 29,1986. -;

Done in the City of Manila, this 27th day of February in the year of Our Lord, nineteen hundred and eighty-seven. -fj ./p. ~ By the President