Bases Conversion and Development Act

12/03/2018
BASES CONVERSION
AND DEVELOPMENT
ENOCH CASIÑO EUGENIO ANTONIO DIG JENNIFER FINEZA
TOPICS FOR DICUSSION
RA 7227 IMPLEMENTING
BASES RULES AND
CONVERSION REGULATIONS RA 9400
(SSEFZ AND AMENDMENT
AND
SBMA UNDER TO RA 7227
DEVELOPMENT
ACT RA 7227)
CASIÑO ● DIG ● FINEZA 2
ORDER OF REPORT
first second third fourth
Eligibility and
Salient Tax and Other
Conditions for Amendment
features Incentives
Registration
1
12/03/2018
INTRODUCTION
Presence of Military Bases in the
Philippines
WHAT IS A MILITARY BASE?
A military base or military

reservation is a facility or an
installation created as
support for military
operations and logistics.
WHAT IS A MILITARY BASE?
There are many functions that

military bases can exert: test-
ranges for new weaponry, posts
of intelligence operations,
platforms for military operations,
weaponry stock or even as host
for military corps.
2
12/03/2018
MILITARY BASES IN THE PHILIPPINES
Wallace Air Station
John Hay Air Station Clark Air Base
Subic Bay Naval Base Villamor Air Base (Part)

Mt. Sta. Rosa Station
Fort Bonifacio (Part)
Fort Abad
Some military bases in the

Philippines were built by Spain.
Fort Abad (Fuerte de San Antonio
Abad) and the Subic Bay Naval
Base (Arsenal de Olongapo) was
built by Spain in 1584 and 1885,
respectively.
But massive construction of

military bases began during the
American occupation. Fort
Stotsenburg was established in
1902 and would later become
part of the Clark Air Base.
3
12/03/2018
The Philippines’ strategic

location appealed to the
US. Military presence in
the country meant
extending US power and
influence in Asia and
protection for mainland US
against invasion.
Fast forward to 1944, the In response, the Philippine

US Congress issued a joint Congress issued a joint
resolution authorizing the resolution authorizing the
president of the US to president of the Philippines
acquire bases for the to negotiate with the US for
mutual protection of the the establishment of the
US and the Philippines. bases.
In 1947, the Military Bases

Agreement was signed by Pres.
Manuel Roxas and US
Ambassador Paul McNutt. It
gave the US the right to retain
the use of bases in the
Philippines for 99 years, subject
to extension.
4
12/03/2018
However, several
amendments were made in
the Agreement including a
1966 amendment which
cut down the 99-year
retention of the bases to
25 years starting in 1966
or until 1991.
In September 1991, the

Philippine Senate, voting
12-11, rejected the
extension of US military
presence in the country.
Three months
earlier (June 1991),
Mount Pinatubo
erupted heavily
damaging the Clark
Air Base. This
rendered the Base
inoperable.
5
12/03/2018
The following year,

the US government
turned over its
military bases to
the Philippines
government.
On the same year,

Republic Act 7227
or the Bases
Conversion and
Development Act of
1992 was passed
into law.
1
RA 7227
Salient Features
6
12/03/2018
DECLARATION OF POLICIES
It is hereby declared the policy of

the Government to accelerate the
sound and balanced conversion
into alternative productive uses of
the Clark and Subic military
reservations and their extensions.
CREATION OF BCDA
By virtue of RA 7227, the Bases

Conversion and Development
Authority (BCDA) was created. It
shall have a term of 50 years and
had an initial capitalization of
PHP100 billion, which will come
from the sale and proceeds of
certain Metro Manila camps.
PURPOSES OF BCDA
1. To own, hold and/or administer military reservations

2. To adopt, prepare and implement a comprehensive and
detailed development plan
3. To encourage the active participation of the private
sector in transforming the Clark and Subic military
reservations and their extensions
7
12/03/2018
POWERS OF BCDA
1. To enter into contracts which are necessary to the

realization of its purposes
2. To reclaim or undertake reclamation projects as it may
deem necessary
3. To acquire real and personal properties
4. To exercise oversight functions over the Special
Economic Zones
TRANSFER OF PROPERTIES
These are the some of the properties to be transferred to BCDA:

- Subic Bay Naval Base - Part of Villamor Air Base
- Clark Air Base - Part of Fort Bonifacio
- John Hay Air Station - Camp Bago Bantay
- Wallace Air Station - Camp Claudio
- O’Donnell Transmitter Station - Fort Abad
BCDA BOARD OF DIRECTORS
The powers and functions of The chairman and members

the BCDA shall be exercised shall be appointed by the
by a Board of Directors to be President with the consent
composed of 9 members: 1 of the Commission on
chairman/president and 8 Appointments.
members (from the private
sector, 2 of whom are from
the labor sector).
8
12/03/2018
FUNCTIONS OF THE BOARD
- The Board of Directors shall be the policy-making body of

the BCDA.
- It shall submit an annual report of the operation of the
BCDA to the President of the Philippines, President of the
Senate and Speaker of the House of Representatives
- It shall undertake major conversion projects under BOT
scheme and a privatization program of its projects and
subsidiaries. CASIÑO ● DIG ● FINEZA 25
CREATION OF SBMA
RA 7227 created another

corporation, the Subic Bay
Metropolitan Authority (SBMA).
It shall have an authorized
capital stock of PHP20 billion
fully subscribed and paid up by
the Republic of the Philippines.
POWERS AND FUNCTIONS OF SBMA
1. To operate, manage and develop the Subic Air Base as a

free market
2. To undertake and regulate the establishment, operation and
maintenance of infrastructure and services in the Subic SEZ
3. To construct, operate and maintain on its own or through
bulk purchase from the private sector and BOT scheme or
joint-venture the required utilities and infrastructure
9
12/03/2018
SBMA BOARD OF DIRECTORS
The powers and functions of the The chairman and

SBMA shall be exercised by a Board members shall be
of Directors to be composed of 15 appointed by the
members: 1 chairman/administrator President.
and 14 members (from the LGUs
that concur to join the Subic SEZ, 2
from the NG, 5 from the private
sector, and from the business and
investment sectors). CASIÑO ● DIG ● FINEZA 28
SUBIC SPECIAL ECONOMIC ZONE
RA 7227 created the Subic Special

Economic Zone consisting of
Olongapo and Subic in Zambales, the
lands occupied by the Subic Naval
Base and its contiguous extensions,
and within the territorial jurisdiction of
Morong and Hermosa in Bataan.
CLARK SPECIAL ECONOMIC ZONE
RA 7227 also created the Clark

Special Economic Zone covering the
lands occupied by the Clark military
reservations and its contiguous
extensions, located within the
territorial jurisdiction of Angeles
City, Mabalacat and Porac in
Pampanga, and Capas in Tarlac.
10
12/03/2018
2
RA 7227 AND IRR
Eligibility and Conditions for SBF
Registration
SBF ENTERPRISES AND RESIDENTS
The SBMA shall establish an This office shall consist of

office to register all 2 departments: SBF
business enterprises Enterprise Department and
applying to be Subic Bay SBF Residents Department
Freeport (SBF) Enterprises
as well as natural persons
applying to be SBF
Residents.
Eligibility: GENERAL
PROVISIONS
- Open to nationals and business enterprises
of any country in any area of economic
activity, except only as is specifically limited
by the Constitution of the Philippines
11
12/03/2018
Conditions for Registration: GENERAL

PROVISIONS
1. An SBF Enterprise shall be a constituted
business enterprise organized or domiciled
in the Philippines or any foreign country
2. The enterprise must name a representative
or agent who is a legal resident of the SBF
Conditions for Registration: GENERAL

PROVISIONS
3. If affiliated with an existing enterprise in
the Philippines outside the SBF, the SBF
Enterprise must establish a separate
business organization to conduct
business exclusively within the SBF which
shall be a separate taxable entity.
Eligibility: EXISTING
(ENTERPRISES)
- Any business enterprise currently operating
entirely within the SBF shall be eligible to
register as an SBF Enterprise
12
12/03/2018
Requirements: EXISTING
(ENTERPRISES)
- Submit a completed application form with:
a. SEC registration and similar documents
b. name and address of the legal agent
c. evidence of the physical location
d. list of assets and other properties owned
e. other documents
Requirements: NEW (ICS

ENTERPRISES)
- Industrial, commercial and service (ICS)
enterprises applying to be an SBF Enterprise
shall submit a completed application form with:
a. SEC registration and similar documents
b. evidence of the intended physical location
c. list of assets
d. other documents CASIÑO ● DIG ● FINEZA 38
Process: BANKS AND

AFFILIATES
1. Applications for licensing of Commercial
and Offshore Banks or their branches or affiliates
to be located with the SBF shall be filed with the
SBMA.
2. SBMA shall forward the applications to the Central
Bank, which if warranted shall directly issue a
license and other required documentation.
13
12/03/2018
Process: BANKS AND

AFFILIATES
3. Should the applicant’s license not be
issued by the Central Bank within 30 days, the
SBMA shall forthwith inform the bank concerned.
4. Upon endorsement by the Central Bank to the
SBMA, the latter shall issue the necessary
Certificate of Registration to the bank.
Eligibility: EXISTING (FILIPINO

RESIDENTS)
- Current Filipino residents of the SBF may
apply for a Certificate of Residencyn SBF
Enterprise
Requirements: EXISTING (FILIPINO

RESIDENTS)
- Submit a completed application form with:
a. documentation of residence within the SBF, i.e.
residence certificate
b. evidence of nationality
c. evidence of employment or other business
operations within the SBF
d. other documents CASIÑO ● DIG ● FINEZA 42
14
12/03/2018
Eligibility: EXISTING (FOREIGN

NATIONALS)
- Foreign nationals currently residing in the
SBF continuously for at least a period of 2
years, and who have been accorded
permanent residency status in the
Philippines may apply for a Certificate of
Residency in the SBF upon presentation of
sufficient proof of such residency status.
Eligibility: EXISTING (FOREIGN

NATIONALS)
- Foreign nationals currently residing in the
SBF who have not yet been accorded
residency status shall be eligible therefor
subject to the Immigration and other
provision of the IRR.
Requirements: NEW (FOREIGN

NATIONALS)
- Foreign nationals accorded permanent
residency status in the Philippines may apply for
a Certificate of Residency in the SBF upon
presentation of sufficient proof of such
permanent residency status and employment in
the SBF.
15
12/03/2018
Requirements: NEW (FOREIGN

NATIONALS)
- Foreign nationals without prior permanent
residency status in the Philippines shall be
subject to the Immigration and other pertinent
provisions of these Rules.
BUSINESS REGISTRATION PROCESS
THE 14-DAY BUSINESS REGISTRATION PROCESS

OF THE SUBIC AND CLARK CORRIDOR
Day 1
- The applicant shall submit a Letter of Intent, Business

STAGE 1 Proposal and other necessary documents to the
Business and Investment Departments
(BIDs)/Marketing Department.
47
Days 2, 3, 4, and 5
- The BIDs/Marketing Department shall evaluate the

documents.
- The BIDs/Marketing Department shall facilitate the
signing of Letter of Conformity (LOC) between the
STAGE 2 applicant and the Freeport Authority.
- The BIDs/Marketing Department shall submit its
recommendation to the CEO.
- In case of disapproval, the BIDs/Marketing
Department shall state the specific reason/s for the
same and the applicant may file for reconsideration. 48
16
12/03/2018
Days 6, 7 and 8
- Upon the approval of the proposal by the CEO, based
on the favorable recommendation of the
BIDs/Marketing Department, a 30-Day Business Permit
STAGE 3 may be issued. In case of disapproval, the same shall
be stated in writing, and the applicant shall be allowed
to re-submit appropriate requirements for
consideration and approval.
49
Days 9, 10 and 11
STAGE 4 - The Applicant shall submit other documentary

requirements and clearances necessary for the
issuance of CRTE/RC.
50
Days 12, 13 and 14
- The applicant and Freeport Zone Authority shall sign

the Lease Agreement provided that the lessee has
STAGE 5 already acquired juridical personality either from SEC
or the DTI, in case of local companies; or license from
SEC in case of foreign-registered corporation.
- The applicant shall pay the necessary fees.
- The Freeport Authority shall issue the CRTE/RC.
51
17
12/03/2018
Required Documents:
STAGE 1
1. SBF Investment Application Form
2. Documentary Requirements
a. Letter of intent
b. Business Plan
c. Audited Financial Statements (last 3 years)
d. Latest income tax return
Required Documents:
3. Document of Authorization stating Official STAGE 1
Representative
4. Documentary Requirements
a. For Existing Parent Corporation: Certified True Copy
of SEC Certificate
b. For New Corporation: SEC Name Reservation
c. For Sole Proprietor: DTI Registration
STAGE 1
Required Documents:
5. Personal Information Sheet of Incorporators with the
following attachments:
a. For Filipino Citizens: photocopy of valid
identification cards or passport
b. For Aliens: photocopy of valid passport
18
12/03/2018
Conditions for Registration:

6. Bank Certificate of Deposits or STAGE 1
Certification of approved loan or credit line
7. For Sublease Arrangements: Draft sublease
agreement with technical plan and location plan,
and letter of endorsement from sublessor
8. Permits and licenses required by law as necessary
9. Proof of Payment of Filing Fee (US $50.00)
Required Documents:
1. Signed Letter of Conformity STAGES 2-5
2. Proof of payment of registration fee

3. Certified true copy of SEC Certificate for newly
registered corporations
4. Clearance from SBMA Ecology Center
5. Signed Lease Agreement with proof of payment of
Advance Rental and Security Deposit
Requirements after Issuance of CRTE/RC:

1. Submission of performance bond for those with
development projects within 30 days.
2. For Main Lessee with existing structure, the applicant
shall submit the Insurance Policy with Government
Service Insurance System stating SBMA as the
beneficiary within 30 days after issuance of signed and
notarized Lease Agreement
19
12/03/2018
FEES AND VALIDITY OF PERMITS
Certificate/Permit Fees (in USD) Validity

1. Filing Fee 50.00 One Year
2. Certificate of 250.00 One Year
Registration and Tax Exemption
3. Registration Certificate 150.00 One Year

4. Business License Plate Fee 20.00 One Year
5. Business Renewal Sticker 200.00 One Year
6. Late Registration Penalty 12% of the CRTE or RC One Year
permit fee, per annum
3
RA 9400 AND IRR
Incentives
TAX INCENTIVES
Under RA 9400:
- No national and local taxes shall be imposed within
the Subic SEZ.
- In lieu of said taxes, a 5% tax on gross income
earned shall be paid by all business enterprises
within the Subic SEZ.
20
12/03/2018
TAX INCENTIVES
Under RA 9400:
- The 5% tax shall be remitted as follows: 3% to the National
Government, and 2% to the SBMA for distribution to the
LGUs affected by the declaration of and contiguous to the
zone, namely: Olongapo, Subic, San Antonio, San Marcelino
and Castillejos in Zambales; and Morong, Hermosa and
Dinalupihan in Bataan, on the basis of population (50%),
land area (25%), and equal sharing (25%).
TAX INCENTIVES
At Subic SEZ:
1. Exemption from all local and national taxes with
only a 5% final tax on gross income earned
computed based on Gross Sales less the
following―allowable deductions depending on the
activities such as manufacturing, infrastructure,
development, and service.
TAX INCENTIVES
21
12/03/2018
TAX INCENTIVES
TAX INCENTIVES
TAX INCENTIVES
At Subic SEZ:
2. SBF enterprises, depending on the specific type of
enterprise, are likewise allowed to deduct some
other expenses as specified under the law.
3. Tax and Duty-free importations of raw materials,
capital and equipment
22
12/03/2018
OTHER INCENTIVES
At Subic SEZ:
1. SBF Enterprises may generate income from sources
within the Customs Territory of up to 30% of its total
income from all sources. However, if it exceeds 30%
of the enterprise’s total income from all sources,
then it shall be subject to the income tax laws of the
Customs Territory.
OTHER INCENTIVES
At Subic SEZ:
2. Up to 100% foreign ownership
3. No foreign exchange control; full repatriation of
profit is allowed
4. Visa-free entry for 14 days, and renewable
5. Special Subic-Clark visas available to expatriates
4
RA 9400
Other Matters
23
12/03/2018
AMENDMENT RELEVANT TO INCENTIVES

PROVISION RA 7227 RA 9400
Sec. 12(b) …However, exportation or removal of …However, exportation or removal of
goods from the territory of the Subic goods from the territory of the Subic
Special Economic Zone to the other parts Special Economic Zone to the other
of the Philippine territory shall be subject parts of the Philippine territory shall be
to customs duties and taxes under the subject to customs duties and taxes
Customs and Tariff Code and other under the Tariff and Customs Code of
relevant tax laws of the Philippines the Philippines, as amended, the
National Internal Revenue Code of 1997,
as amended, and other relevant tax laws
of the Philippines

Sec. 12(c) The provisions of existing laws, rules and regulations The provision of existing laws, rules and regulations
to the contrary notwithstanding, no taxes, local and to the contrary notwithstanding, no national and local
national, shall be imposed within the Subic Special taxes shall be imposed within the Subic Special
Economic Zone. In lieu of paying taxes, three percent Economic Zone. In lieu of said taxes, a five percent
(3%) of the gross income earned by all businesses and (5%) tax on gross income earned shall be paid by all
enterprises within the Subic Special Economic Zone business enterprises within the Subic Special
shall be remitted to the National Government, one Economic Zone and shall be remitted as follows: three
percent (1%) each to the local government units percent (3%) to the National Government, and two
affected by the declaration of the zone in proportion to (2%) percent to the Subic Bay Metropolitan Authority
their population area, and other factors. In addition, (SBMA) for distribution to the local government units
there is hereby established a development fund of one affected by the declaration of and contiguous to the
percent (1%) of the gross income earned by all zone, namely: the City of Olongapo and the
businesses and enterprises within the Subic Special municipalities of Subic, San Antonio, San Marcelino
Economic Zone to be utilized for the development of and Castillejos of the Province of Zambales; and the
municipalities outside the City of Olongapo and the municipalities of Morong, Hermosa and Dinalupihan
Municipality of Subic, and other municipalities of the Province of Bataan, on the basis of population
contiguous to be base areas. (50%), land area (25%), and equal sharing (25%).

Sec. 15 No provision SEC. 15. Clark Special Economic Zone (CSEZ) and Clark
Freeport Zone (CFZ). – …The Clark Air Base proper with an
area of not more than four thousand four hundred hectares
(4,400 has.), with the exception of the twenty-twohectare
commercial area situated near the main gate and the
Bayanihan Park consisting of seven and a half hectares (7.5
has.) located outside the main gate of the Clark Special
Economic Zone, is hereby declared a Freeport zone.
24
12/03/2018

Sec. 15 No provision The CFZ shall be operated and managed as a separate
customs territory ensuring free flow or movement of goods
and capital equipment within, into and exported out of the
CFZ, as well as provide incentives such as tax and duty-free
importation of raw materials and capital equipment.
However, exportation or removal of goods from the territory
of the CFZ to the other parts of the Philippine territory shall
be subject to customs duties and taxes under the Tariff and
Customs Code of the Philippines, as amended, the National
Internal Revenue Code of 1997, as amended, and other
relevant tax laws of the Philippines.

Sec. 15 No provision The provisions of existing laws, rules and regulations
to the contrary notwithstanding, no national and local
taxes shall be imposed on registered business
enterprises within the CFZ. In lieu of said taxes, a five
percent (5%) tax on gross income earned shall be paid
by all registered business enterprises within the CFZ
and shall be directly remitted as follows: three percent
(3%) to the National Government, and two percent
(2%) to the treasurer's office of the municipality or city
where they are located.

Sec. 15 No provision Duly registered business enterprises that will operate in the
Special Economic Zones to be created shall be entitled to the
same tax and duty incentives as provided for under Republic
Act No. 7916, as amended: Provided, That for the purpose of
administering these incentives, the PEZA shall register,
regulate, and supervise all registered enterprises within the
Special Economic Zones.
25
12/03/2018

Sec. 15-A No provision SEC. 15-A. Poro Point Freeport Zone (PPFZ). – The two hundred
thirty-six and a half-hectare (236.5 has.) secured area in the Poro
Point Special Economic and Freeport Zone created under
Proclamation No. 216, series of 1993, shall be operated and
managed as a freeport and separate customs territory ensuring
free flow or movement of goods and capital equipment within,
into and exported out of the PPFZ. The PPFZ shall also provide
incentives such as tax and duty-free importation of raw materials
and capital equipment. However, exportation or removal of goods
from the territory of the PPFZ to the other parts of the Philippine
territory shall be subject to customs duties and taxes under the
Tariff and Customs Code of the Philippines, as amended, the
National Internal Revenue Code of 1997, as amended, and other
relevant tax laws of the Philippines. CASIÑO ● DIG ● FINEZA 76

Sec. 15-A No provision The provisions of existing laws, rules and regulations to the
contrary notwithstanding, no national and local taxes shall be
imposed on registered business enterprises within the PPFZ.
In lieu of said taxes, a five percent (5%) tax on gross income
earned shall be paid by all registered business enterprises
within the PPFZ and shall be directly remitted as follows:
three percent (3%) to the National Government, and two
percent (2%) to the treasurer's office of the municipality or
city where they are located.

Sec. 15-B No provision SEC. 15-B. Morong Special Economic Zone (MSEZ). – Duly
registered business enterprises operating within the MSEZ
created under Proclamation No. 984, series of 1997, shall be
entitled to tax and duty-free importation of raw materials and
capital equipment. In lieu of all national and local taxes
except real property tax on land, a five percent (5%) tax on
gross income earned shall be paid by all registered business
enterprises which shall be directly remitted as follows: three
percent (3%) to the National Government, and two percent
(2%) to the treasurer's office of the municipality or city where
they are located.
26
12/03/2018

Sec. 15-C No provision Sec. 15-C. John Hay Special Economic Zone (JHSEZ). –
Registered business enterprises which will operate after the
effectivity of this Act, within the JHSEZ created under
Proclamation No. 420, series of 1994, shall be entitled to the
same tax and duty incentives as provided for under Republic
Act No. 7916, as amended: Provided, That for the purpose of
administering these incentives, the PEZA shall register,
regulate, and supervise all registered enterprises within the
JHSEZ: Provided, further, That the Conversion Authority and
the John Hay Management Corporation (JHMC) shall only
engage in acquiring, owning, holding, administering or leasing
real properties, and in other activities incidental thereto.

Sec. 6 No provision In case of conflict between national and local laws with
(RA 9400) respect to the tax exemption privileges in the CFZ, PPFZ,
JHSEZ and MSEZ, the same shall be resolved in favor of the
aforementioned zones: Provided, That the CFZ and PPFZ
shall be subject to the provisions of paragraphs (d), (e), (f),
(g), (h), and (i) of Section 12 of Republic Act No. 7227, as
amended.

Sec. 7 No provision Business enterprises presently registered and granted with
(RA 9400) tax and duty incentives by the Clark Development Corporation
(CDC), Poro Point Management Corporation (PPMC), JHMC,
and Bataan Technological Park Incorporated (BTPI),
including such governing bodies, shall be entitled to the
same incentives until the expiration of their contracts entered
into prior to the effectivity of this Act.
27
12/03/2018

Sec. 8 No provision Administration, Implementation and Monitoring of
(RA 9400) Incentives. – The governing authorities shall be responsible
for the administration and implementation of the incentives
granted to their respective registered enterprises. They shall
submit to the Department of Finance (DOF) their respective
annual tax expenditures based on the computed costs in
terms of revenue forgone on the tax incentives granted to
their registered enterprises. For proper monitoring, the DOF
shall create a single database of all incentives provided by all
these authorities. The DOF shall monitor and review the
incentives granted and submit an annual report to the
President.
“
THANK YOU!
83
28

Bases Conversion and Development Act

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Bases Conversion and Development Act

Uploaded by

Copyright:

Available Formats

12/03/2018

TOPICS FOR DICUSSION

CASIÑO ● DIG ● FINEZA 2

first second third fourth

CASIÑO ● DIG ● FINEZA 3

WHAT IS A MILITARY BASE?

A military base or military

CASIÑO ● DIG ● FINEZA 5

WHAT IS A MILITARY BASE?

There are many functions that

MILITARY BASES IN THE PHILIPPINES

Wallace Air Station

John Hay Air Station Clark Air Base

Subic Bay Naval Base Villamor Air Base (Part)

CASIÑO ● DIG ● FINEZA 7

MILITARY BASES IN THE PHILIPPINES

Some military bases in the

MILITARY BASES IN THE PHILIPPINES

But massive construction of

CASIÑO ● DIG ● FINEZA 9

MILITARY BASES IN THE PHILIPPINES

The Philippines’ strategic

MILITARY BASES IN THE PHILIPPINES

Fast forward to 1944, the In response, the Philippine

MILITARY BASES IN THE PHILIPPINES

In 1947, the Military Bases

MILITARY BASES IN THE PHILIPPINES

MILITARY BASES IN THE PHILIPPINES

In September 1991, the

CASIÑO ● DIG ● FINEZA 14

MILITARY BASES IN THE PHILIPPINES

MILITARY BASES IN THE PHILIPPINES

The following year,

CASIÑO ● DIG ● FINEZA 16

MILITARY BASES IN THE PHILIPPINES

On the same year,

It is hereby declared the policy of

CASIÑO ● DIG ● FINEZA 19

By virtue of RA 7227, the Bases

1. To own, hold and/or administer military reservations

1. To enter into contracts which are necessary to the

These are the some of the properties to be transferred to BCDA:

BCDA BOARD OF DIRECTORS

The powers and functions of The chairman and members

FUNCTIONS OF THE BOARD

- The Board of Directors shall be the policy-making body of

RA 7227 created another

POWERS AND FUNCTIONS OF SBMA

1. To operate, manage and develop the Subic Air Base as a

SBMA BOARD OF DIRECTORS

The powers and functions of the The chairman and

SUBIC SPECIAL ECONOMIC ZONE

RA 7227 created the Subic Special

CLARK SPECIAL ECONOMIC ZONE

RA 7227 also created the Clark

SBF ENTERPRISES AND RESIDENTS

The SBMA shall establish an This office shall consist of

SBF ENTERPRISES AND RESIDENTS

CASIÑO ● DIG ● FINEZA 33

SBF ENTERPRISES AND RESIDENTS

Conditions for Registration: GENERAL

CASIÑO ● DIG ● FINEZA 34

SBF ENTERPRISES AND RESIDENTS