NINETEENTH CONGRESS OF THE ) 
REPUBLIC OF THE PHILIPPINES )
Second Regular Session 
)
SENATE 
S. NO. 2426
of »!••? Ji' : 'I
23 AUG 24 P4:16
RliCElV
Prepared by the Committee on Finance with Senators Francis Tolentino, Sonny 
Angara, Loren Legarda, Nancy Binay, Joel Villanueva, Jinggoy Estrada and Mark Villar
as authors thereof
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AN ACT
MANDATING THE FORMULATION, FUNDING, IMPLEMENTATION, 
MONITORING, AND EVALUATION OF A COMPREHENSIVE AND MULTI-YEAR 
"TATAR PINOY" (PROUDLY FILIPINO) STRATEGY, ESTABLISHING A TATAR 
PINOY COUNCIL, APPROPRIATING FUNDS THEREFOR, AND FOR OTHER 
PURPOSES
Be it enacted by the Senate and House of Representatives of the Philippines in 
Congress assembled:
Section 1. Short Title. - This Act shall be known as the "Tatak Pinoy (Proudly 
Filipino) Act".
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Sec. 2. Declaration of Policy. - It is hereby declared the policy of the State
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to encourage, support, and promote the production and offering of Philippine products
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and services of increasing diversity, sophistication, and quality by domestic enterprises
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that are globally competitive. Pursuant to Article XII, Section 1 of the 1987
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Constitution emphasizing the promotion of "industrialization and full employment
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based on sound agricultural development and agrarian reform, through industries that
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make full and efficient use of human and natural resources, and which are competitive
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in both domestic and foreign markets," the State hereby adopts the following policies:


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a) In collaboration with the private sector, the State shall continuously support 
domestic enterprises in producing and offering products and services of 
increasing sophistication taking into consideration sustainabie production 
practices and the use and adoption of green technoiogies;
b) The State shail encourage the continuous improvement, expansion, and 
diversification of the productive capabilities of domestic enterprises and 
their iinkages with iocal, regional, and global value chains;
c) The State shall ensure that its initiatives to support domestic enterprises 
are market-driven or are in anticipation of future market demand;
d) The State shall identify business models, business sectors, market 
segments, and product opportunities for domestic enterprises to target and 
gain comparative advantage in. Towards this end, the State shaii employ 
complementary strategies with established economic theories and 
evidence-based methods including, but not iimited to, analysis of the 
country's product space, and of rankings in economic complexity indices;
e) To eiicit pride for Phiiippine products and services, the State shaii deveiop 
and promote the skiii, ingenuity, creativity, and innovativeness of Fiiipino 
workers, craftsmen, iaborers, entrepreneurs, and professionals;
f) The State shall give preference and priority in the procurement of Phiiippine 
products and services in accordance with appiicabie laws on government 
procurement. Towards this end, all government agencies and 
instrumentalities shaii formulate metrics on how, within their respective 
spheres, they can give preference and priority to Philippine products and 
services;


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g) The State recognizes the complementary roles of the public and private 
sector, including the academe, domestic industries, and civil society, in 
generating high-paying jobs; pursuing economic development; and co­
creating solutions to the country's biggest challenges. As such, the State 
shall actively seek out close partnerships with the private sector, and 
endeavor to jointly develop, finance, implement, and continuously improve 
a nationwide strategy for supporting domestic enterprises;
h) The State recognizes the crucial role scientific and technological innovation 
play in economic growth and development. As such, the State shall 
implement plans, programs, and projects that continuously improve the 
country's education system; ensure better technology transfer among 
enterprises, the academe, and government institutions; encourage the 
generation and sharing of new scientific and technological knowledge 
through research and development (R&D); facilitate the commercialization 
R&D outputs; and, bridge the gap between innovation and market-ready 
solutions; and,
i) In pursuit of inclusive economic growth and development, the State shall 
ensure that public expenditures to support domestic enterprises are 
equitably spread across the country, including those in the fourth, fifth, and 
sixth ciass provinces and municipalities, and elevate and develop the skills 
and provide opportunities for disadvantaged sectors and vulnerabie and 
marginalized groups such as, but not limited to, the urban poor, subsistence 
farmers and fisherfolk, indigenous communities, persons with disabilities 
(PWDs), women and micro, small and medium-sized enterprises (MSMEs),


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enabling them to engage in more complex economic activities. For these 
purposes the TP Council, in consultation and coordination with the relevant 
public and private sector stakeholders, shall set the necessary guidelines to 
measure and monitor the equitable spread of public expenditures.
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Sec. 3. Definition of Terms. - For the purposes of this Act, the following
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terms shall mean:
a) Economiccompiexity refers to the measure of the productive capabilities 
and know-how of a specific geographical area, such as a country, region, 
province, city, or municipality, which is calculated based on the diversity of 
goods and services produced within and exported from that geographical 
area, and their ubiquity, which refers to the number of other geographical 
areas that are able to produce them;
b) Phiiippine products refer to local goods, articles, materials, and supplies 
which may be:
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Unmanufactured goods, articles, materials, supplies wholly obtained 
or produced in the Philippines; or
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Manufactured goods, articles, materials, and supplies grown, produced 
and/or processed in the Philippines substantially from products, 
articles, materials and supplies, grown, produced or manufactured in 
the Philippines.
In determining whether the goods are substantially manufactured in 
the Philippines the following general principles shall be considered:


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1. manufacture of industrial goods or processing of agricultural 
products into (i) semi-finished/intermediate goods for use as 
inputs in the production of other goods, or (ii) finished products 
for final consumption, shall be deemed manufactured or 
processed in the Philippines;
2. casting or molding, forming, machining, or joining/assembly of 
raw materials, and the production of discrete parts to transform 
materials from one form to another valuable form encompasses 
manufacturing. Mere packing or packaging or simple processing 
covering any or a combination of activities such as cleaning, 
sorting, shredding, pulverizing, grinding, intergrinding, blending, 
crushing, compacting, dissolving and filtration shall not constitute 
manufacturing;
3. any goods presented to be grown, produced, and/or processed 
in the Philippines; and
4. In terms of applications for a customized product with 
specifications changing as the clients suggest, the assessment 
will be on the certain part of the good which is being consistently 
manufactured by the applicant.
c) Product space refers to a type of visualization that depicts the 
connectedness between products based on the similarities of the know-how 
required to produce them. The product space visualizes the paths that 
countries can take to diversify the products and services it is able to produce


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or offer. Products are linked by their proximity to each other, based on the 
probability of co-export of both of the two products;
d) Sophisticated refers to the state when a product or service requires a 
high level of technology, human capital, competencies or know-how, and 
infrastructure to be produced or offered;
e) Sophistication refers to the level of technology, human capital, 
competencies or know-how, and infrastructure required for a product or 
service to be offered by an economy like that of the Philippines;
f) Technoiogy transfer refers to the process by which one party 
systematically transfers to another party the knowledge and/or technology 
for the manufacture of a product, the application of a process, or rendering 
of a service, which may involve the transfer, assignment or licensing of 
Intellectuai Property Rights (IPRs), consistent with the Philippines' 
obligations under international agreements;
g) Whoiiy obtained or produced goods, articles, materiais, and 
suppiies refers to:
i) 
plants and plant goods, including fruit, flowers, vegetables, trees, 
seaweed, fungi, and live plants, grown and harvested, picked, or 
gathered in the Philippines;
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live animais born and raised in the Phiiippines, including goods 
obtained from these live animais;
iii) 
goods obtained by hunting, trapping, fishing, farming, aquacuiture, 
gathering, or capturing conducted in the Philippines;


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iv) 
minerals and other naturally occurring substances, not included in 
subparagraphs (I) through (ill), extracted or taken from its soil, waters, 
seabed, or subsoil beneath the seabed;
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goods of sea-fishing and other marine life taken by Philippine vessels 
or goods processed or made on board any factory ships of the 
Philippines; and;
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goods obtained or produced solely from goods referred to in 
subparagraph (i) to (v), or from their derivatives.
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Sec. 4. Tatak Pinoy Council. - There is hereby created a Tatak Pinoy
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Council, herein referred to as the TP Council,' with the Secretary of Trade and
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Industry, as the Chairperson, and the Secretary of the National Economic and
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Development Authority, and the Secretary of Finance, both as Vice-Chairpersons. The
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Secretaries of Agriculture, Budget and Management, Education, Environment and
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Natural Resources, Information and Communications Technology, the Interior and
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Local Government, Labor and Employment, Public Works and Highways, Science and
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Technology, Tourism, the Director General of the Technical Education and Skills
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Development Authority, the Chairperson of the Commission on Higher Education, the
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National Statistician of the Philippine Statistics Authority, the Chairperson of the
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Securities and Exchange Commission (SEC) and four (4) private sector representatives
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will serve as members: Provided, That the respective heads of agencies may designate
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their representatives whose rank shall not be less than an Assistant Secretary:
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Provided, further. That the private sector representatives shall be appointed by the
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President of the Philippines for a term of three (3) years, and may be reappointed
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only once, from the nominees submitted by reputable business groups, academic


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institutions, or associations with national representation: Provided, finally, That the
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President shall have the power to reconstitute the public sector members of the TP
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Council in order to fully achieve the objectives of this Act.
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Within sixty (60) days from effectivity of this Act, the TP Council shall meet and
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organize technical clusters and/or working groups under each pillar to formulate
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objectives and targets, conduct the necessary consultations, and ensure proper
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implementation of the TPS. Each committee shall be composed of, at the minimum,
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the agencies identified and named under the specific pillars and include relevant
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private sector representatives and existing councils created by law. The TP Council
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shall determine who shall head each technical cluster.
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SEC. 5. Powers and Functions of the Tatak Pinoy Council. - The TP
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Council shall serve as the policy and advisory body to the President and shall, adopting
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a whole-of-government approach, formulate policies and programs that will diversify
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the productive capabilities of domestic enterprises and increase the country's
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economic complexity. Towards this end, the TP Council shall have the following
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powers and functions:
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a) Formulate the multi-year TPS in accordance with Sections 7 and 8 of this 
Act and the necessary guidelines and issuances mandated under this Act;
b) Ensure timely compliance of government instrumentalities and private 
sector stakeholders with the Planning Call, as described in Section 7 of this 
Act, through a robust information dissemination and awareness campaign;
c) Coordinate with national government agencies (NGAs), local government 
units (LGUs), existing councils created by law, and other government


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instrumentalities to ensure that their respective development plans, 
policies, and programs, are harmonized towards promoting the 
diversification and sophistication of Philippine products and services 
offered by domestic enterprises, whether exported or consumed locally, 
avoiding overlaps and ensuring synergy in these plans, programs and 
policies;
d) Ensure that plans under the TPS are implemented well, and in accordance 
with the objectives of this Act;
e) Make an inventory of existing policies, programs and projects related to 
the TPS and require submission of industry performance reports in order 
to identify and address industry gaps and other challenges;
f) Monitor, evaluate, and periodically review and assess the TPS and its 
implementation thereof and provide policy recommendations;
g) Recommend policies, processes, including reengineering of systems and 
procedures, in order to attain diversification and sophistication of Philippine 
products and services;
h) Propose legislation or amendments to Philippine laws and regulations 
related to industry development and promotion of the sophistication and 
diversification of Philippine products and services;
i) Provide technical assistance and advisory opinions in the review of 
proposed national or local legislation, regulations, or procedures;
j) Organize training, workshops, and seminars for council members and other 
stakeholders to enhance their understanding of industrial policy issues;


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k) Facilitate engagement with stakeholders, organize consultations, and 
ensure that a diverse range of voices are heard in the policy-making 
process; and
i) Perform such other functions as may be necessary, or as may be directed 
by the President of the Philippines, for the attainment of the objectives of 
this Act.
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Sec. 6. Technical and Secretariat Support - a Secretariat to the TP
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Council (TP Council Secretariat) shall be established within the DTI, to be headed by
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an Executive Director IV (Salary Grade 29) who shall be appointed by the President
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of the Philippines from a list of at least five (5) nominees from the TP Council.
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The Executive Director IV, shall be a person of proven integrity and good moral
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character, shall have relevant experience and practice in the fields of industry
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development, data-driven industrial policy, domestic and/or international trade,
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entrepreneurship, innovation, or any related field, and be a person of proven
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administrative proficiency and expertise in the area of management with a minimum
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of five (5) years experience in an executive leadership capacity.
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The Executive Director shall be assisted by technical and administrative staff
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consisting of at least one (1) of each following officers and empioyees:
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a) Project managers (Salary Grade 24) for each TP Pillar;
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b) Financial services (Salary Grade 22);
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c) Technical staff / project specialists (Saiary Grade 18) per TP Pillar; and
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d) Administrative staff (Salary Grade 18).
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Provided, That each agency forming part of the TP Council shall appoint at
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least one (1) representative solely dedicated to serve as liaison and provide technical
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and/or administrative support to the TP Secretariat.
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Within one hundred twenty (120) days after the effectivity of this Act, the TP
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Council shall determine the organizational structure, staffing pattern, and
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compensation system of the TP Secretariat including the duties, qualifications,
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responsibilities, and functions of its officers and staff members, and submit the same
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to the Department of Budget and Management (DBM) for approval, in accordance
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with the existing organizational, staffing, position classification, and compensation
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laws, rules, regulations, and guidelines. Pending the creation of the appropriate
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plantilla positions, the DTI-Competitiveness and Innovation Group (DTI-CIG) shall
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constitute an interim secretariat within one (1) month from the effectivity of this Act,
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through the temporary detail of the representatives of the TP Council member
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agencies. The DTI-CIG, is likewise authorized to engage consultants and enter into
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service contracts, as may be necessary, provided that once the organizational
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structure and personnel complement have been determined, those engaged shall
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have the option to be absorbed permanently in the TP Secretariat.
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The TP Secretariat shall have the following duties and responsibilities:
a) Determine and prepare the agenda of the TP Council meetings, and 
prepare the minutes of each meeting;
b) Serve as a venue for the initial processing and discussion of the work of 
the Tatak Pinoy Council;
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c) Receive and prepare communications pertinent to the work of the TP
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Council;
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d) Manage and maintain the officiai records of the TP Councii;
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e) Prepare reports as required by the TP Councii;
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f) Conduct research, gather data, and provide analytical support as required
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by the TP Council to inform its decisions and recommendations;
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g) Assist in the drafting of policy recommendations, strategies, and action
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plans based on the TP Council's deliberations; and
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h) Perform other duties as may be assigned by the TP Council.
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Sec. 7. Tatak Pinoy Strategy. - To achieve the objectives of this Act, a
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Tatak Pinoy Strategy (TPS) shall be formulated, funded, implemented, monitored,
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evaluated, and continuously improved upon by the TP Council established under
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Section 4 of this Act. The TPS shall outline the plan and action components for the
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country to incrementally and systematically expand and diversify the productive
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capabilities of domestic enterprises and empower them to produce and offer
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increasingly diverse and sophisticated products and services, and compete in the
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global market.
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a) Identification of Nationai Priorities and Strategic Goais - In line 
with the Philippine Development Plan (PDP) approved by the NEDA board, 
the Philippine Export Development Plan (PEDP), and existing development 
strategies not otherwise covered in the PDP, the TP Council, within sixty 
(60) days from organizing the technical clusters and/or working groups 
under each pillar under Section 8, shall identify national priorities, strategic
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goals and mandate the creation of action components to improve the suppiy 
and production sectors of the economy.
b) Planning Call - The TP Council shall issue, in a timely manner, after the 
TP Council's determination of national priorities and strategic goals, a 
Planning Call to all national government agencies (NGAs) and government 
instrumentaiities, inciuding state universities and colleges (SUCs) and local 
universities and colleges (LUCs), local government units (LGUs), and 
government owned and controlled corporations (GOCCs), and relevant 
private sector stakeholders, including reputable private universities and 
colleges. These government instrumentalities and private sector 
stakeholders shall submit to the TP Council Secretariat their respective 
pians, programs, and projects related to the national priorities and strategic 
goals, as determined by the TP Council, within sixty (60) days from the 
commencement of the Planning Cali. The TP Councii shall review these 
submissions and determine which shall be included in the TPS.
c) Target Sectors and/or Economic Activities - Within thirty (30) days 
from the submission of the aforementioned plans, programs, and projects, 
the TP Council, through the TPS Pillars, shall also identify and list target 
sectors, economic and investment activities, using an evidence-based, 
transparent, and consultative process involving public and private sectors, 
including existing councils created by law. The list shali include targets for 
the short-term (3 years or less) and medium-term (6 to 9 years).
d) Development and Coverage - The TPS shall be formulated by the TP 
Council within thirty (30) days after the identification of target sectors
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and/or economic activities. The TPS shall cover a period of at least six (6) 
years and shall provide for mid-term updates every three (3) years.
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Sec. 8. Pillars of the Tatak Pinoy Strategy. - The TPS shall include plans
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and programs, comparable with international best practices, which shall be organized
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according to the following pillars (TPS Pillars): (1) human resources; (2)
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infrastructure; (3) technology and innovation; (4) investments; and (5) sound
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financial management.
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Under each TPS Pillar, the TP Council shall identify relevant public-private
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initiatives and the government support or assistance to be provided per targeted 
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a) Human Resources-The TP Council, in coordination with the Inter-agency 
Council for Development and Competitiveness of Philippine Digital 
Workforce, the Philippines Qualifications Framework National Coordinating 
Council (PQF-NCC), the Philippine Skills Framework Initiative of the DTI, 
and the Department of Migrant Workers, shall develop a roadmap in close 
consultation with the academe and industry: Provided, That said roadmap 
shall ensure that there is adequate and skilled human resources to realize 
the national priorities and strategic goals and support the target sectors and 
economic activities identified in the TPS: Provided, further, That said 
roadmap will promote academe-industry linkage to develop programs that 
will match the demands of the industry: Provided, furthermore, That the 
roadmap shall include different modalities for training, skills development, 
upskilling, reskilling, and lifelong learning to be implemented by both public
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and private sectors: Provided, finally, That the roadmap developed under 
this subsection shall be harmonized with existing human resource capacity 
building roadmaps mandated under other laws.
b) Infrastructure - The TP Council shall coordinate with the Committee on 
Infrastructure (InfraCom) of the NEDA Board, the Department of Education 
(DepEd), the Department of Environment and Natural Resources (DENR), 
the Department of National Defense (DND), and the Philippine Space 
Agency (PhilSA) to identify the infrastructure programs and requirements 
that will fulfill the national priorities and strategic goals and support the 
target sectors and economic activities identified in the TPS.
c) Technology and Innovation - The TP Council shall coordinate with the 
National Innovation Council (NIC), the PhilSA, state universities and colleges 
(SUCs), local universities and colleges (LUCs), private universities and 
colleges with reputable track record in scientific and technological research, 
and relevant industry groups, to ensure that the TPS and the National 
Innovation Agenda and Strategy Document (NIASD), in accordance with 
Republic Act No. 11293 otherwise known as "the Philippine Innovation Act" 
are harmonized.
d) Investments- The TP Council shall coordinate with the Department of 
Trade and Industry-Board of Investments (BOI) to incorporate Tatak Pinoy 
investment activities and projects in the Strategic Investments Priority Plan 
(SIPP). To this end, all Tatak Pinoy investment activities and projects duly 
identified in the TPS are hereby included in the investment priority sector.
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For purposes of entitlement to fiscal incentives under Title XIII of the 
National Internal Revenue Code (NIRC), as amended, Tatak Pinoy programs 
and plans shall comply with the specific qualification requirements or 
conditions for a particular sector or industry and other limitations according 
to Section 300 of the NIRC: Provided, That no project or activity shall be 
allowed to avail of fiscal incentives unless such project or activity is included 
in the SIPP.
The TP Council shall likewise coordinate with the Inter-agency 
Investment Promotion Coordination Committee, and the Fiscal Incentives 
Review Board (FIRB) to ensure that investment promotion and facilitation 
efforts of the country are aligned with the TPS. 
e) Sound Financial Management - The TP Council shall coordinate with 
the Development Budget Coordination Committee (DBCC) to ensure that 
programs and projects for the enhancement of the capabilities of domestic 
enterprises to produce and offer increasingly sophisticated products and 
services shall be included in the expenditure priorities and the national 
government fiscal program.
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Sec. 9. Integration of the Tatak Pinoy Strategy. -The TP Council shall
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ensure that the TPS is incorporated in the government's sectoral plans, programs, and
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projects by prescribing standards, guidelines, compliance, and accountability
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mechanisms.
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Sec. 10. Automatic Review and Update. - The TP Council, with support
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from the TP Council Secretariat established within the DTI under Section 6, shall
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perform an annual review of the TPS and its implementation, as provided under this
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Act, in accordance with the monitoring and evaluation policies and guidelines of the
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agency. To ensure responsiveness to market conditions, the TPS shall be subject to
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amendment or revision every three (3) years unless there are supervening events that
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require an earlier amendment or modification.
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Sec. 11. Reportoria!Requirement. - In order to fully monitor and measure
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the implementation of the TPS, the following reports shall be submitted;
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a) Stakeholder Reports - All departments, agencies, government 
instrumentalities, relevant LGUs and participating private sector proponents 
mandated to implement the TPS shall submit periodic reports to the TP 
Council. Such reports shall then be collated, reviewed, validated, and 
analyzed by the secretariat established within the DTI under Section 6, and 
will form part of the annual accomplishment report which shall be submitted 
by the TP Council. The frequency of submissions of the agency reports shall 
be included in the implementing rules and regulations.
b) Annual Accomplishment Reports - The TP Council shall submit an 
annual accomplishment report to the President of the Philippines, the 
Senate President, the Speaker of the House of Representatives, and the 
Chairpersons of the Senate Committees on Finance, and Trade and 
Industry, and the House Committees on Appropriations, and Trade and 
Industry which shall include, among others, the results of the policies and 
programs initiated by the TP Council as an inter-agency body to implement 
the TPS, on a per pillar basis, as well as other matters related to the exercise
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of its functions as enumerated under this Act: Provided, That the annual 
accomplishment report shall be submitted on or before the 30th of June of 
the succeeding year, after its establishment, and annually thereafter. The 
report shall also be made available to the general public.
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Sec. 12. Domestic Preference. - In government procurement activities,
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preference and priority shall be given to domestically-produced and manufactured
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products, supplies, and materials which meet the specified or desired quality:
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Provided, That all agencies of the government, including all government
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instrumentalities, shall strictly adhere to and be in accordance with the domestic
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preference rules provided under R.A. No. 9184, its IRR, GPPB guidelines, and DTI
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guidelines on certification of domestic bidder preference: Provided, further. That the
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preference herein established may be waived should any of the following conditions
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be present: (a) where domestic production is insufficient or unavailable in the required
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commercial quantities; (b) where the specified or desired quality is not met; (c) where
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domestic preference will result in inconsistencies with the Philippines' obligations
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under international agreements; and (d) other analogous circumstances: Provided,
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finaiiy. That domestic preference under this Act shall extend only to Philippine
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products and services in sectors and economic activities covered by the TPS.
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Sec. 13. Access to Financing. - The government, through government
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financial institutions (GFIs), shali ensure the availability of credit to domestic
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enterprises through innovative financing mechanisms including, but not limited to, the
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provision of low interest or flexible term loan programs, credit guarantee programs,
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and the development of other modes of financing such as leasing and venture capital
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activities, which will enable these enterprises, especially MSMEs, to expand their
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businesses, perform necessary technology upgrades and other related capacity
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building activities leading to more sophisticated products and services: Provided, That,
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the Landbank of the Philippines, the Development Bank of the Philippines, the
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Philippine Guarantee Corporation, and the Small Business Corporation shall expand
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their respective loan and guarantee programs to accommodate domestic enterprises
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that are producing and/or providing services that is covered by the Tatak Pinoy
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Strategy: Provided, Further, That private banks and financial institutions are likewise
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encouraged to provide equivalent financing mechanisms.
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Sec. 14. Market Access Facilitation. - The TP Council shall provide the
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necessary support and assistance to ensure that Tatak Pinoy products and services
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are provided access to both the domestic and international markets: Provided, That
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in the promotion of market access, the DTI and other market and promotion agencies
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shall integrate the Tatak Pinoy products and services in existing marketing plans
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including, but not limited to, international exhibitions and establishment of hubs in
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tourist destinations, including their ports of entry and other high-traffic retail areas.
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To guarantee market quality, Tatak Pinoy products and services shall conform
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with existing product standards and technical regulations, where appropriate. The
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DTI, in coordination with other relevant agencies, shall formulate guidelines on
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branding, packaging, and marketing of Tatak Pinoy products and services.
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Sec. 15. Information Dissemination and Awareness Campaign. - To
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ensure broad buy-in and acceptance, the TP Council, in coordination with the
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Philippine Information Agency (PIA), embassies, permanent missions, the Manila
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1 
Economic and Cultural Office, commercial attaches of the Foreign Trade Service Corps
2 
of the DTI abroad and other relevant government agencies and higher education
3 
institutions (HEIs), shall ensure that the goals and objectives of the TPS are
4 
communicated through a nationwide and international information dissemination and
5 
awareness campaign.
6 
Sec. 16. Implementing Rules and Regulations. - Within sixty (60) days
7 
from the effectivity of this Act, the DTI together with the TP Council shall formulate
8 
and prescribe, after public consultations, the implementing rules and regulations and
9 
other issuances necessary for the effective and expeditious implementation of this
10 
act. The non-promulgation of the rules and regulations provided under this section
11 
shall not prevent the immediate implementation of this Act upon effectivity.
12 
Sec 17. Appropriations. - The amount necessary for the initiai
13 
implementation of this Act shall be charged against the current year's appropriations
14 
of the agencies concerned, subject to existing budgeting, accounting, and auditing
15 
laws, rules, and regulations. Thereafter, such sums as may be necessary for the
16 
continued implementation of this Act shall be included in the budgets of the concerned
17 
NGAs under the annual General Appropriations Act.
18 
Sec. 18. Separability Clause. - If any part or provision of this Act is declared
19 
unconstitutional, the remainder of this Act or any affected thereby shall remain in
20 
force and effect.
21 
Sec. 19. Repealing Clause. - Sections 2 and 3 of Commonwealth Act No.
22 
138, insofar as it restricts the definition of domestic products to those substantially
20


1 
from articles, materials or supplies of the growth, production or manufacture of the
2 
Philippines, are hereby repealed.
3 
Any other provision of laws, orders, agreements, rules, or regulations contrary
4 
to and inconsistent with this Act is hereby repealed, amended or modified accordingly.
5 
Sec. 20. Effectivity - This Act shall take effect fifteen (15) days after its
6 
publication either in the Official Gazette, or in at least two (2) newspapers of general
7 
circulation.
Approved,
21