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What is RA No 7227?

What is RA No 7227?

An Act accelerating the conversion of military reservations into other productive uses, creating the Bases Conversion and Development Authority for this purpose, providing funds therefor and for other purposes.

What is the law for Bases Conversion Development Act of 1992?

– It is hereby declared the policy of the Government to accelerate the sound and balanced conversion into alternative productive uses of the Clark and Subic military reservations and their extension (John Hay Station, Wallace Air Station, O’Donnell Transmitter Station, San Miguel Naval Communications Station and Capas …

What is Republic Act No 53?

The Sotto Law, Republic Act No. 53 “An Act Exempting the Publisher, Editor or Reporter of any Publication from Revealing the Source ofhblished News or Information Obtained in Confidence” protects journalist from being compelled to reveal their news source. It is silent about radio or TV journalist.

What is Republic Act 11589?

Declaration of Policy. – It is the policy of the State to ensure public safety through the prevention and suppression of all kinds of destructive fires, with the active support of the community.

What is the importance of the passage of EO 226?

The Omnibus Investments Code of 1987 Aquino signed Executive Order No. 226 known as the Omnibus Investments Code of 1987 to integrate, clarify and harmonize laws on investment thereby encouraging domestic and foreign investments in the country.

What are the tax incentives to business enterprises within the Sezs covered under this act?

In lieu of said taxes, a five percent (5%) tax on gross income earned shall be paid by all business enterprises within the Subic Special Economic Zone and shall be remitted as follows: three percent (3%) to the National Government, and two (2%) percent to the Subic Bay Metropolitan Authority (SBMA) for distribution to …

How do I cancel my PEZA registration?

Closing a PEZA registered Company

  1. Letter request stating reason/s effectivity date.
  2. Total No.
  3. Certified list of machinery/equipment, raw materials, properties and other inventory to be disposed of, indicating its total book value.

What is sotto bill?

July 22, 2020. Sotto files bill giving protection to employers from Covid-19-related claims. Senate President Vicente C. Sotto III has filed a bill giving private employers immunity from coronavirus pandemic-related lawsuits from their employees who contracted the dreaded virus in the workplace.

What is RA BFP?

Republic Act (RA) 6975 otherwise known as the Department of Interior and local Government (DILG) Act of 1990, an act where the Bureau of Fire Protection is thereby created in 1991 initially consisting of the existing officers and uniformed members of the Fire Service of the Integrated National Police (INP) as …

Who signed EO 226?

President Corazon C. Aquino
On July 16, 1987, President Corazon C. Aquino signed Executive Order No. 226 known as the Omnibus Investments Code of 1987 to integrate, clarify and harmonize laws on investment thereby encouraging domestic and foreign investments in the country.