NIA Memorandum Circular No. 68 (1991)
AMENDMENT OF SECTION B.1 ITEM C OF MC NO. 27
(NAR) VOL. II NO. 4 / OCTOBER - DECEMBER 1991
[ NIA MEMORANDUM CIRCULAR NO. 68, August 03, 1991 ]
AMENDMENT OF SECTION B.1 ITEM C OF MC NO. 27
For the guidance of all concerned, Section B.1 Item c of MC # 27 S. 1991 is hereby amended to read as follows:
c. The equity participation of the IA shall be THIRTY PERCENT (30%) of the remaining balance of the amortization amount plus any back accounts, if there are any, including surcharges; This memorandum takes effect immediately. Adopted: 3 Oct. 1991
(Sgd.) JOSE B. DEL ROSARIO, JR. Administrator