Effective January 1, 2004, the processing fee collected for every travel tax certificate issued, whether exemption, reduced rate or refund, is hereby increased to Two Hundred Pesos (P200 .00).

     This accordingly amends Memorandum Circular No. 001-2000 that took effect on January 1, 2001.

     Please be guided accordingly.

(original signed)
ROBERT DEAN S. BARBERS
General Manager & Chief Executive Officer

03 November 2003