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(NAR) VOL. 1 NO.1 / JANUARY - MARCH 1990
[ GTEB CIRCULAR NO. 011, August 07, 1989 ]
INCREASE IN THE ALLOWABLE LIMIT FROM 10% TO 25% OF EQS UNDER THE SUPERVISED TRANSFER SCHEME
The Board in its meeting of 03 August 1989 , approved and confirmed
that firms be allowed up to 25% of their EQs under the Supervised
Transfer Scheme.
Except for the above amendment and Item No. 3 which was earlier amended under Circular No. 010 dated 31 July 1989 , all other conditions stated under Circular No. 002 dated 26 January 1989 remain unchanged.
This circular shall take effect fifteen (15) days after its publication.
Adopted: August 7, 1989
(SGD.) THELMA K. JOVER
Deputy Director
Effective: August 25, 1989