(b) Additional Deduction for Labor Expenses; (c) Tax and Duty Exemption on Imported Capital Equipment; (d) Tax Credit on Domestic Capital Equipment; (e) Exemption from Contractor‟s Tax; (f) Simplification of Custom‟s Procedures; (g) Unrestricted Use of Consigned Equipment; (h) Employment of Foreign Nationals; (i) Exemption on Breeding Stock and Genetic Materials; (j) Tax Credit on Domestic Breeding Stocks and Genetic Materials; (k) Tax Credit for Taxes and Duties on Raw Materials; (l) Access to Bonded Manufacturing/Trading Warehouse Systems; (m) Exemption from Taxes and duties on imported spare parts; and (n) Exemption from wharfage dues and export tax, duty, import and fee. (7) Grant additional incentives other than those enumerated in said Presidential Executive Order No. 226 in RBOI implementing rules and regulations; and (8) Perform other functions as may be provided by law or as directed by the Regional Governor. SEC. 25. Organizational Structure. - The Regional Board of Investments shall be composed of the following Offices: (a) Board of Governors headed by the Chairperson, (b) Office of the Executive Director, (c) Plans and Programs Division (Technical Division), (d) Investment Promotion Division (Special Support and Research Division), (e) Finance and Administrative Division. There shall also be Satellite Offices to be determined by the Board. SEC. 26. Office of the Executive Director. - The Office of the Executive Director shall implement the policies, programs and projects approved by the Board of Governors and in addition shall have the following duties and responsibilities: (1) Serve as Secretariat to the Board of Governors; (2) Supervise regularly the technical and administrative operations of the office; (3) Ensure the efficient and economical implementation of the Board policies and programs; 167