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RMC No. 115-2019: Publishes the full text of several Republic Acts

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Summary

RMC No. 115-2019, issued October 31, 2019, publishes the full text of two Republic Acts approved on August 30, 2019.

Key points

  1. Republic Act No. 11453. An Act Further Strengthening the Powers and Functions of the Authority of the Freeport Area of Bataan (AFAB), amending Republic Act No. 9728, the Freeport Area of Bataan (FAB) Act of 2009.
  2. Republic Act No. 11457. An Act Creating the Davao International Airport Authority. It transfers existing assets of Francisco Bangoy International Airport to the Authority, gives it power to administer and operate the airport, and appropriates funds.

Deadlines and effectivity

  • Acts approved August 30, 2019

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.