Law Summary
1. Purpose of the Instruction
The Letter of Instruction No. 120 aims to promote savings in foreign exchange by mandating the use of Philippine-owned and operated carriers for official travel abroad.
- Legal Principle: The instruction seeks to optimize the usage of foreign exchange resources by prioritizing Philippine carriers.
- Scope: Applies to all government officials and employees, as well as officials/employees of private firms with substantial government financial exposure.
2. Directive on Accommodations
All government officials or employees are directed to secure accommodations primarily on Philippine-owned or operated carriers during their official travels abroad.
- Requirement: Officials must seek Philippine carriers wherever possible.
- Applicability: This requirement extends to travel arrangements of officials from private firms with significant government investments.
3. Collaboration and Implementation
The Department of Tourism, in collaboration with the Central Bank, is tasked with formulating the necessary guidelines to implement the instruction effectively.
- Collaboration: The Department of Tourism and the Central Bank are jointly responsible for executing this mandate.
- Guidelines: Specific procedures and protocols will be established to ensure compliance with the directive.
4. Compliance and Enforcement
Strict compliance with this instruction is mandated, indicating that adherence is not optional and is expected from all relevant parties.
- Compliance Requirement: All government departments, agencies, and offices must follow the directive without exception.
5. Signatory Information
The instruction is officially signed by Ferdinand E. Marcos, President of the Republic of the Philippines.
- Date of Issuance: August 25, 1973
- Location: City of Manila
Key Takeaways
- The instruction mandates the use of Philippine-owned carriers for official travel to conserve foreign exchange.
- It applies to both government officials and employees of private firms with significant government financial ties.
- The Department of Tourism and the Central Bank are responsible for creating implementation guidelines.
- Strict compliance is required from all departments, agencies, and offices of the government.