Section 35Republic Act No. 265 as amended;, Sec./Art. 35

Criteria for Evaluation of Applications. The following criteria will be considered in the evaluation of applications for registration under a preferred area:

(a) The extent of ownership and control by Philippine citizens of the enterprises;

(b) The economic rates of return;

(c) The measured capacity Provided, That estimates of measured capacities shall be regularly reviewed and updated to reflect changes in market supply and demand conditions; Provided, Further, That measured capacity shall not result in a monopoly in any preferred area of investment which would unduly restrict trade and fair competition nor shall it be used to deny the entry of any enterprise in any field of endeavor or activity;

(d) The amount of foreign exchange earned, used or saved in their operations;

(e) The extent to which labor, materials and other resources obtained from indigenous sources are utilized;

(f) The extent to which technological advances are applied and adopted to local condition;

(g) The amount of equity and degree to which the ownership of such equity is spread out and diversified; and

(h) Such other criteria as the Board may determine.