WHEREAS, the Philippine has embarked on a program of
expansion of its international trade;
WHEREAS, the program requires expeditious documentation of
commercial shipments to and from the Philippines;
WHEREAS, certain provisions of the Tariff and Customs Code
hamper the issuance of consular invoices covering importations into the
Philippines;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers vested in me by the Constitution,
do hereby adopt and make as part of the law of the land the following
amendments to Republic Act No. 5499: