Preamble
WHEREAS, studies and surveys indicate the need for more long-term funds to support the investment and credit requirements of industry and agriculture; and WHEREAS, the laws restructuring the banking system to allow it to re-channel its resources to long-term investments require a complementary change in the applicable tax structure to provide adequate incentives for long-term funds; NOW, THEREFORE, I, FERDINAND E. MARCOS, by virtue of the powers vested in me by the Constitution, do hereby decree and order: