(NAR) VOL. 6 NO. 3 / JULY - SEPTEMBER 1995
"RESOLVED, as it is hereby resolved, that in order to clear the storage space in the VRB premises, the Board imposes the following storage fees, to wit:
For Laser Discs 30 cents per day per piece For Videogram Tapes 10 cents per day per piece
These storage fees shall be implemented one (1) week from notice of the resolution of the administrative case by the Legal Services Division providing for the release of the seized items.
Resolved, further, that videogram tapes or laser discs not claimed within the following period from notice of resolution shall be automatically forfeited in favor of the government:
90 days For video establishments situated in Luzon and Metro Manila 120 days For video establishments situated in the Visayas and Mindanao"
This shall take effect immediately.
Adopted: 26 June 1995
(SGD.) BGEN. JAVIER D. CARBONELL, AFP (RET).
Chairman and Chief Executive Officer