Creation of Philippine Aerospace Development Corporation

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PRESIDENTIAL DECREE No. 286: Creation of Philippine Aerospace Development Corporation

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Title Source: Supreme Court: Creation of Philippine Aerospace Development Corporation

Law: Presidential Decree No. 286

Decision Date: Sep 5, 1973

Presidential Decree No. 286 authorizes the creation of the Philippine Aerospace Development Corporation (PADC) to develop and rationalize the aviation and aerospace industry in the Philippines, with activities including aircraft assembly, research, and maintenance, and with tax and customs duties exemption for five years.

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