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For this purpose, he should submit an annual report, in the form duly prescribed for the purpose, to prove that he has maintained his investment in the country. Should said alien withdraw his said investment from the Philippines, then the Special Investors Residence Visa issued to him will automatically expire.

The following agencies are licreby directed to promulgate within thirty (30) days from date hereof, the implementing Rules and Regulations applicable hereto:

2.

Ministry of Foreign Affairs, as Chairman; Commission on Immigration and Deportation; Board of Investments. "

:

SECTION 2. All laws, decrees, executive orders, rules and regulations inconsistent herewith are hereby repealed, amended, or modified accordingly.

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1

SECTION 3. This Decree shall take effect immediately.

Novem-

DONE in the City of Manila, this 6th in the year of Our Lord, nineteen hundred and eighty-two.

day of

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By the President:

Pres

the Philippines

JUAN C. TUVERA

Présidential Executive Assistant

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