Import restrictions on vinyl asbestos tiles

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LETTER OF INSTRUCTIONS NO. 1108: Import restrictions on vinyl asbestos tiles

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Title Source: Supreme Court: Import restrictions on vinyl asbestos tiles

Law: Letter Of Instructions No. 1108

Decision Date: Feb 26, 1981

A Philippine law issued in 1981 regulates the importation of vinyl asbestos tiles and sheets, prioritizing domestic enterprises and promoting the growth of the local industry, while ensuring the safety and well-being of the public by regulating the importation of asbestos-containing products.

Conditions for Importation

Importation is only permitted when there is a certification from the Board of Investments (BOI).
The certification must indicate that BOI-registered domestic enterprises are unable to meet the demand for these products.

Required Documentation for Importation

Applications for importation must be accompanied by the BOI certification mentioned above.
This requirement applies irrespective of the mode of payment, including:
- Letters of credit
- Documents against acceptance
- Open account arrangements
- Any other payment methods

Authority and Enforcement

The directive is addressed to the Minister of the Ministry of Industry, the Chairman of the Board of Investments, the Governor of the Central Bank of the Philippines, and the Commissioner of the Bureau of Customs.
These authorities are tasked with the enforcement and implementation of these import restrictions.

Legal Basis and Implementation

The directive is issued pursuant to Section 6, subparagraphs (i) and (j) of Republic Act No. 5186.
It is effective immediately upon issuance on February 26, 1981.

Purpose and Policy Considerations

The measure aims to protect domestic manufacturers of vinyl asbestos tiles.
It ensures that imports are only allowed to supplement demand that domestic producers cannot fulfill, thereby supporting local industry.

END