Fee Imposition for Security Paper Cost
- A fee of Php 175 is to be collected from all license applicants.
- The stated fee includes the documentary stamp tax.
- The purpose of this fee is to cover the costs associated with utilizing security paper for the licenses.
Requirements for License Applicants
- License holders are mandated to present supporting documents as required under MARINA Circular No. 170.
- Alternatively, applicants may present the documents they have previously submitted to MARINA, which were the basis for the issuance of their respective licenses.
Effectivity and Publication
- This advisory shall take effect immediately after its publication.
- The publication must be done once in a newspaper of general circulation to ensure public notice.
Signatory Authority
- The advisory is signed by Emerson M. Lorenzo, CESO V, Administrator of MARINA, thereby legitimizing the directive and fee collection adjustments.