Section 2
SEC. 2. All Philippine-owned and/or registered vessels shall undertake all repairs, improvement, alteration, reconditioning, conversion or drydocking with MARINA-registered ship repair yards, provided that the Maritime Industry Authority may exempt any such vessel from this requirement in any of the following cases: When an, a remit of collision, grounding, heavy weather, breakdowns and other perils of the sea occurring abroad, the vessels suffers damages necessitating emergency, and/ or extraordinary repairs, and it is impracticable that such vessel be brought to the Philippines for the needed repairs; When on account of existing prior commitments or due to inadequacy or lack of service facilities of MARINA-re-gistered ship repair yards, as determined by the Maritime Industry Authority, the repairs or works sought to be undertaken on the vessel cannot be accommodated by such ship repair yards; When the Philippines is not one of the vessel's ports of call, in which case a waiver from the said requirement must be obtained from the Maritime Industry Authority; All other meritorious cases as may be determined by the Maritime Industry Authority.