Common use of Sector Clause in Contracts

Sector. All sectors Sub-Sector : - Industry Classification : - Level of Government : Central and Regional Type of Obligation : National Treatment Senior Management and Board of Directors Description of Measure : National Treatment and the Senior Management and Board of Directors obligations shall not apply to any measure affecting the grant of licenses and permits. This shall include but not be limited to equity restrictions, minimum investment thresholds, duration or validity, areas or hectarage and other conditions and requirements. Source of Measure : -1987 Constitution of the Republic of the Philippines. -Foreign Investments Act of 1991 (R.A. No. 7042, as amended by R.A. No. 8179). -Omnibus Investments Code of 1987 (E.O. No. 226, as amended). -People's Small-Scale Mining Act of 1991 (R.A. No. 7076). -Philippine Mining Act of 1995 (R.A. No.