Further Amendment of Joint Order 1-91, Implementing the Comprehensive Import Supervision Scheme (CISS)

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Further Amendment of Joint Order 1-91, Implementing the Comprehensive Import Supervision Scheme (CISS)

CBP Memorandum

April 6, 1993

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Bangko Sentral ng Pilipinas

BSP Memoranda

Corporate

Further Amendment of Joint Order 1-91, Implementing the Comprehensive Import Supervision Scheme (CISS)

CBP Memorandum

April 6, 1993

April 6, 1993CBP MEMORANDUMTO:All Commercial Banks and All Concerned   SUBJECT:Further Amendment of Joint Order 1-91, Implementing the Comprehensive Import Supervision Scheme (CISS) Pursuant to Resolution No. 278 dated April 01, 1993 the Monetary Board further amended paragraph 3, sub-paragraph (1) of Joint Order 1-91 implementing the CISS so as to exempt from SGS inspection the importation of other raw materials and supplies by garment exporters subject to certain conditions. digestFor your reference and guidance, attached herewith is a copy of said amendment, duly signed by the Secretary of Finance, Secretary of Trade and Industry and the Governor of the Central Bank.This supersedes SB Memorandum to All Banks and All Concerned dated March 22, 1993.Please be guided accordingly.(SGD.) EDGARDO P. ZIALCITAOfficer-in-ChargeAMENDMENT TO JOINT ORDER NO. 1-91Pursuant to Memorandum Order No. 391 dated 2 September 1991, paragraph 3 subparagraph 1 (approved on March 15, 1993) of Joint Order No. 1-91 implementing the Comprehensive Imports Supervision Scheme is hereby amended to read as follows:"1. importations of pre-cut fabrics and related accessories for processing into finished garment and textile...
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Further Amendment of Joint Order 1-91, Implementing the Comprehensive Import Supervision Scheme (CISS)

Tags

Bangko Sentral ng Pilipinas

BSP Memoranda