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Implementing Rules and Regulations of Republic Act No. 7042 (Foreign Investment Code)

Implementing Rules and Regulations of Republic Act No. 7042

R.A. No. 7042-IRR |

 
IMPLEMENTING RULES AND REGULATIONS
OF REPUBLIC ACT NO. 7042

(FOREIGN INVESTMENT ACT OF 1991)
AS AMENDED BY REPUBLIC ACT NO. 81791

RULE I. DEFINITIONS

SECTION 1. DEFINITION OF TERMS. – For purposes of these Rules and Regulations:
 
a. Act shall refer to Republic Act No. 7042 entitled “An Act to Promote Foreign Investments, Prescribe the Procedures for Registering Enterprises Doing Business in the Philippines, and for Other Purposes”, also known as the Foreign Investments Act of 1991, as amended by Republic Act No. 8179.

b. Philippine national shall mean a citizen of the Philippines or a domestic partnership or...