(NAR) VOL. 15 NOS. 1-2 / APRIL - JUNE 2004
SECTION 1. The fifth WHEREAS, clause of Executive Order No. 74 dated 15 January 1999 is hereby amended to read as follows."WHEREAS, under the Denso AICO Arrangement, the Philippines (Philippines Auto Component, Inc.) will import from Thailand (Denso International (Thailand) Co., Ltd. and Denso (Thailand) Co., Ltd.) certain original equipment manufacture (OEM) automotive parts/components."
SECTION 2. Section 6 of Executive Order No. 74 dated 15 January 1999 is hereby amended to read as follows:"The AICO rates provided in Annex A shall be accorded to the AICO entities in Thailand (Denso International (Thailand) Co., Ltd., and Denso (Thailand) Co., Ltd.) upon the effectivity of this Executive Order.
SECTION 3. The third WHEREAS, clause of Executive Order No. 162 dated 10 January 2003 is hereby amended to read as follows:"WHEREAS, under the Denso AICO Arrangement, the Philippines (Philippines Auto Component, Inc.) will import from Thailand (Denso International (Thailand) Co., Ltd, and Denso (Thailand) Co., Ltd.) certain original equipment manufacture (OEM) automotive parts/components."
SECTION 4. Section 2 of Executive Order No. 162 dated 10 January 2003 is hereby amended to read as follows:"The AICO rates provided in Annex "A" shall be accorded to the AICO entities inThailand (Denso International (Thailand) Co., Ltd., and Denso (Thailand) Co., Ltd.) upon the effectivity of this Executive Order."
SECTION 5. Annex "C" of Executive Order No. 74 dated 15 January 1999 is hereby amended to read as follows:
Annex "C"Articles granted Preferential Tariff Under the Approved Denso (PAC) AICO Scheme
HS Code Description Source Country/ Applicable AICO (AICO Company) Preferential Tariff (%)
(1) (2) (3) (4) 9029.20 90 Motorcycle metersThailand (Denso International(Thailand) Co. Ltd. and Denso (Thailand) Co. Ltd.)
3 9405.40 90Lighting fittings International(bulbs) for instrument clusters
Thailand (Denso (Thailand) Co. Ltd. and Denso Thailand) Co. Ld.)
5
SECTION 6. Annex "A" of Executive Order No. 162 dated 10 January 2003 is hereby amended to read as follows:
Annex "A"
HS CodeApplied Final Product
Product Description
Source Country (AICO Company)
Applicable AICO Preferential Tariff (%)
(1)(2)
(3)
(4)
(5)
8414.90 00Fans
Fan assembly and shroud assembly
Thailand (Denso International (Thailand) Co. Ltd. and Denso (Thailand) Co. Ltd.)
3
8419.89 10 EvaporatorsEvaporators for aircon ditioning machines for motor vehicles
Thailand (Denso International (Thailand) Co. Ltd. and Denso (Thailand) Co. Ltd.)
3 8708.91 10 Aluminum radiatorsUpper/lower tanks; tanks subassembly, lower
Thailand (Denso International (Thailand) Co. Ltd. and Denso (Thailand) Co. Ltd.) 3 8708.91 20Aluminum radiators
Core subassemblyThailand (Denso International (Thailand) Co. Ltd. and Denso (Thailand) Co. Ltd.)
SECTION 7. This Executive Order shall take effect immediately.