April 6, 1993
CBP MEMORANDUM
TO | : | 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. digest
For 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. ZIALCITA
Officer-in-Charge
AMENDMENT TO JOINT ORDER NO. 1-91
Pursuant 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...