Executive Orders1 min read
Section 41Republic Act No. 265 as amended;, Sec./Art. 41
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Power of the President to Rationalize Incentives. The President may, upon recommendation of the Board and in the interest of national development, rationalize the incentives scheme herein provided; extend the period of availment of incentives or increase rates of tax exemption of any project whose viability or profitability require such modification.
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