(NAR) VOL. 20 NO.2 / APRIL - JUNE 2009
The Board had also resolved that shipowners/operators who complied with the provisions of the above-mentioned Circular on or before 20 February 2009 shall be awarded an additional 5% discount on the tonnage fee due for the year computed using the rates for first quarter payments, in addition to the 5% discount stated in Section V.6 of the said Circular. Likewise, shipowners/operators who have submitted an Oath of Undertaking to comply with the said Circular on or before 20 February 2009 shall be awarded a 5% discount.
Adopted: 27 Feb. 2009
By the Authority of the MARINA Board:
(SGD.) MARIA ELENA H. BAUTISTA
Administrator