Preamble
WHEREAS, the period within which to file the statement of assets, liabilities and net worth prescribed under Presidential Decree No. 379, as amended by Presidential Decree No. 417, is expiring September 30, 1974; WHEREAS, there are still-many persons who have not filed the required statement on account of the attendant difficulties and technical aspects involved in the preparation of the statement in spite of the massive nationwide information campaign launched by the Bureau of Internal Revenue since the promulgation of the Decree; WHEREAS, there are still a considerable number of taxpayers who have not availed of tax amnesty but who, in order to be able to file a true and accurate statement of assets, liabilities and net worth, are now desirous of availing- of the amnesty provided under Presidential Decree No. 370; NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers in me vested by the Constitution, do hereby decree and order: