Preamble
WHEREAS, museums, national libraries and archives depend mostly on donations for the support of their projects or the acquisition of items for their collections. WHEREAS, in most countries donations to museums, national libraries and archives are tax-exempt, like donations to charitable institutions. WHEREAS, many collectors have expressed willingness to donate items to the National Museum, the National Library and our archives under the National Historical Institute but are deterred by present taxation policies. NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers in me vested by the Constitution as Commander-in-Chief of all the Armed Forces of the Philippines, and pursuant to Proclamation No. 1081, dated September 21, 1972, and General Order No. 1, dated September 22, 1972, do hereby decree, order and make part of the law of the land, the following: