AN ACT RESTORING THE TAX AND DUTY INCENTIVES PREVIOUSLY ENJOYED BY THE VETERANS FEDERATION OF THE PHILIPPINES UNDER REPUBLIC ACT NUMBERED TWENTY-SIX HUNDRED AND FORTY
Year:
1992
Category:
Other
Date Approved:
March 24, 1992
Summary
Plain-language AI-assisted summary — not the official text. As of July 2, 2026. Read the full text below or on the official source.
This Act restores the tax and duty incentives that were previously enjoyed by the Veterans Federation of the Philippines under Republic Act Numbered Twenty-six hundred and forty. It overrides previous executive orders and decrees that may conflict with this restoration.Full Text
[ REPUBLIC ACT NO. 7291, March 24, 1992 ]
AN ACT RESTORING THE TAX AND DUTY INCENTIVES PREVIOUSLY ENJOYED BY THE VETERANS FEDERATION OF THE PHILIPPINES UNDER REPUBLIC ACT NUMBERED TWENTY-SIX HUNDRED AND FORTY
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:
Section 1. Notwithstanding the provisions of Executive Order No. 93 and Presidential Decree No. 1931, the tax and duty incentives previously enjoyed by the Veterans Federation of the Philippines under Republic Act Numbered Twenty-six hundred and forty are hereby restored: Provided, That no dollar outflow shall in any manner be involved in the exchange of transaction.
Section 2. All laws, decrees, orders, issuances, rules and regulations, or parts thereof, inconsistent with this Act are hereby repealed or modified accordingly.
Section 3. This Act shall take effect upon its approval.
Approved,
Approved: March 24, 1992
(Sgd.) CORAZON C. AQUINO
President of the Philippines
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Republic Acts are laws passed by the Congress of the Philippines. This content is sourced from LawPhil (lawphil.net) for reference purposes. For official and authoritative texts, please refer to the Official Gazette.