REVENUE MEMORANDUM CIRCULAR NO. 35-2013 issued on April 29, 2013 publishes the full text of Department Order (DO) No. 18-2013 issued by the Department of Finance (DOF) on the amendment of Section 12 of DO No. 03-08 to read as follows:

“Section 12. Availment of Incentives. – It is understood that henceforth, registered Ecozone and Freeport Enterprises already availing of the incentives and benefits under RA 9400 in accordance with these rules, shall be expressly disqualified from availing of the incentives and benefits defined and/or granted under other laws, rules regulations. Qualified enterprises already enjoying incentives under other preferential regimes should have their registrations thereunder cancelled before they may subsequently avail of the benefits provided under RA 9400.”