Section 24-A
SEC. 24-a. Any provision of existing laws to the contrary notwithstanding, apparatus, instruments, utensils, equipment, and materials may be imported into the Philippines, whether or not foreign exchange has been allocated by the Central Bank for the payment of such importations, free from all taxes and duties, upon certification of the National Science Development Board that such articles are imported solely for scientific and technological research and development and not for barter, sale or hire: Provided, however, That in case such articles are subsequently conveyed or transferred to other parties for a pecuniary consideration, taxes and duties shall be collected eon at double the rate provided for under existing laws, payable by the transferor: Provided, further. That Board shall promulgate the rules and regulations to implement this provision."