Repealing Clause.
Section 16
SEC. 16. Repealing Clause.—All other laws, decrees, orders and regulations or parts thereof which are inconsistent with this Act are hereby repealed or modified accordingly: Provided, That incentives granted under Presidential Decree No. 1789 otherwise known as the Omnibus Investments Code, Presidential Decree No. 66, as amended, Presidential Decree No. 535 and other special laws of similar nature shall not be affected.