Department of Transportation-Maritime Industry Authority MARINA Circular No.104

Member: 
Legislation no.: 
189
First published: 
27.04.1995
First EIF: 
10.05.1995
Legislation Status: 
In force
Latest notification: 
Notes: 

Previously notified in N3PHL15 and N2PHL143
Omnibus Guidelines for the Acquisition of Vessels for Domestic Operations and Fishing Vessel/Boat
Aims to provide rationalized guidelines in the implementation of the liberalization policy on vessel acquisition;
The Memorandum Circular provides rationalized guidelines in the implementation of the liberalization policy on vessel acquisition. This applies to all persons, corporations, partnerships, firms and entities acquiring vessels of any type intended for domestic operations and fishing vessels/boats for domestic or overseas use.