Proclamation No. 513, s. 1989

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Manila a ae Sa 7

BY THE PRESIDENT OF THE PHILIPPINES

PROCLAMATION NO.” 513

PMS LIBRARY JAN 16 1999

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AUTHORIZING .THE MANILA GALLEON COMMEMORATIVE FOUNDATION, INC. TO CONDUCT A NATIONWIDE EDUCATIONAL MEMBERSHIP

AND FUND CAMPAIGN UP TO AUGUST 31, 1992

WHEREAS: THE Manila Galleon is a significant element of the history and heritage of the Philippines and historically was the most important economic link between the Philippines and the world during Hispanic times;

WHEREAS, the Manila Galleon Commemorative Foundation, Inc. has been established as a private non-profit non-governmental organization

to promote Philippine trade and culture, among other things;

WHEREAS, ,to dramatize and give meaning to this concept of Foreign Trade and Tourism, the Foundation is building a Galleon, "La

Culture, Infanta

Filipina", that will sail to selected destinations to promote the Philippines, particularly in connection with the 500th anniversary of the establishment

, of trade between the Old and the New Worlds, the Seville World's Fair, the Barcelona Summer Olympics of 1992 and the Discovery of America; and $————__—_—- WHEREAS, to enable the-Manita~Gatleon Commemorative Foundation

to raise funds for this purpose an educational and fund campaign is necessary;

NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, by virtue of the. powers vested in me by law, do hereby

authorize the Manila Galleon Commemorative Foundation, Inc. to

conduct

an educational fund campaign up to December 31, 1992, effective upon the

issuance of this proclamation.

I. call upon all citizens and residents of the Philippines, to

support

actively and give generously of their time and resources to this educational

and fund campaign to enable it to attain its goals.

For this purpose, all donations, bequests, gifts received

by the

Manila Galleon Commemorative Foundation, Inc. for the impleméntation of its programs and activities shall be free from all forms of taxes and shall be deductible in full from the income of the donor for purposes of computing his income tax liability, subject to the pertinent provisions of Section 94(a)

(3) and (b) (3) and 29 {h) (2) (c) (i) of the National Internal Code, as amended.

Revenue

IN WITNESS WHEREOF, | -have hereunto set my hand and caused

the seal of the Republic of the Philippines to be affixed.

,

Done in the City of Manila, this 8th day of Jamuary, in the year of Our Lord, nineteen hundred and ninety.

Sages fyi

By the President:

ACARAIG, Executive Secretary