Philippines #5937 (v.2)
Base data
- Notified in
-
G/MA/QR/N/PHL/3 10/02/2023
- Version validity
-
02/07/2022 -
01/10/2024
Old version v.2
- Reporting member
- Philippines
- In force from
- End date
- In force
- General description
-
Cross-border transfer of legal tender exceeding PHP 50,000.00
- National legal basis
-
Section 4.1 of the Manual of Regulations on Foreign Exchange Transactions, as amended
(Date of effectivity of the latest amendment [Circular No. 1146]: 2 July 2022
- Administrative mechanism
-
In force
Refer to PHL ILP N3 Notification G/LIC/N/3/PHL/14/Rev.1 dated 20 December 2021) - Responsible entities
-
- HS version
-
HS 2022
- Referenced WTO document symbol
-
G/LIC/N/3/PHL/13
Meta data
- WTO justifications
-
XX:(d) - (d) necessary to secure compliance with laws or regulations which are not inconsistent with the provisions of this Agreement, including those relating to customs enforcement, the enforcement
GATT 1994 (GATT 1947 provisions)
Reported as: GATT XX (General Exceptions) - (d) necessary to secure compliance with laws or regulations which are not inconsistent with the provisions of this Agreement, including those relating to customs enforcement, the enforcement of monopolies operated under paragraph 4 of Article II and Article XVII, the protection of patents, trademarks and copyrights, and the prevention of deceptive practices; For control of liquidity and overall monetary conditions - Non-WTO commitments
-
- Affected partners
- Non-affected partners
Measures
- Reported restrictions
- P-X
Symbol |
---|
P-X
|
Tariff lines
00
|
Various
|
Legal tender exceeding PHP50,000.00
|
|
490700
|
Various, including 4907.00ex
|
Legal tender exceeding PHP50,000.00
|
|
710820
|
Various, including 7108.20
|
Legal tender exceeding PHP50,000.00
|
|
711890
|
Various, including 7118.90ex
|
Legal tender exceeding PHP50,000.00
|
|