PROCLAMATION NO. 405

: Republic Act No. 7916, also known as the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748.
: The total aggregate area is Two Thousand Nine Hundred Ninety-Seven (2,997) square meters, more or less.
: The SLC Building is located at 6797 Ayala Avenue, Makati City.
: The Board of Directors of the Philippine Economic Zone Authority (PEZA) recommended the designation.
: Resolution No. 00-411 (s. 2000), as amended by Resolution No. 11-066 (s. 2011) and Resolution No. 11-237 (s. 2011).
: The parcels are Lot 4, Block 2, Psd-6132 TCT No. 202951 and Lot 5, Block 2, Psd-6132 TCT No. 202952 situated in the Municipality of Makati, Province of Rizal.
: Proclamation No. 405 legally creates and designates a building as an Information Technology Center under the provisions of RA 7916 and its amendments, granting it special economic zone status.
: It allows the building to enjoy special economic zone incentives and benefits provided by law, such as tax holidays and other fiscal and non-fiscal incentives.
: The seal of the Republic of the Philippines was affixed, with the Executive Secretary, Paquito N. Ochoa, Jr., signing by authority of the President.