RA 7471 Section 1

Title.

Section 1

SECTION 1. Title. - This Act shall be known and cited as the "Philippine Overseas Shipping Development Act."

Other provisions in RA 7471

Section 2: Declaration of Policy.
Section 3: Definitions.
Section 4: Foreign Exchange Requirements.
Section 5: Acquisition of Oceangoing Vessels.
Section 6: Exemption from Import Duties and Taxes.
Section 7: Exemption from Income Tax.
Section 8: Registration and Deletion of Vessels.
Section 9: Requisition of Vessels.
Section 10: Rules and Regulations.
Section 11: Annual Report.

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationRA 7471 Section 1 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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