Presidential Decree No. 728 (PD 728) — Further Amending Republic Act 3538, as Amended by Republic Act 4169 and Presidential Decree 246, by Providing for the Grant of Tax Exemption and Other Privileges to the International Institute of Rural Reconstruction.
WHEREAS, the International Institute of Rural
Reconstruction, a non-profit, non-stock organization with headquarters
in New York, is engaged in a program of job training to increase
economic productivity, education to eliminate illiteracy, the
improvement of health and environmental sanitation, and the training of
the rural people in the assumption of civil responsibility;
WHEREAS, the extension of the International Institute of
Rural Reconstruction activities to the Philippines has enhanced the
social well-being and economic stability of the country and its people
consistent with the existing policies of the Republic;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers in me vested by the Constitution,
do hereby decree and order that:
SECTION 1. Section one of Republic Act No. 3538 as amended,
is hereby further amended to include the International Institute of
Rural Reconstruction of New York as recipient of the exemptions and
privileges provided in the said section.
SEC. 2. Section 2 of the same Act is hereby amended to
include non-Filipino citizens serving on the staff of the International
Institute of Rural Reconstruction as beneficiaries of the exemptions and
privileges provided in said section.
SEC. 3. All laws, decrees, orders and regulations
inconsistent with the provisions of this decree are hereby repealed or
modified accordingly.
SEC. 4. This Decree shall take effect immediately.
Done in the City of Manila, this 5th day of June, in the year of
Our Lord, nineteen hundred and seventy-five.
(Sgd.)
FERDINAND E. MARCOS
President
Republic of the Philippines
By the President:
(Sgd.)
ALEJANDRO MELCHOR
Executive Secretary
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).
