Section 15. Rights and privileges guaranteed by the Municipal Government. All investors and registered enterprises are entitled to the rights and guarantees provided by law and the constitutions. In addition to such rights and guarantees, and in order to enhance investors confidence in the incentives program, the Municipal Government of Miagao, through Miagao Investment Incentives Board, shall:
a) Provide a concise and comprehensive information to prospective investors on the economic priorities of the Municipal Government, including target investment areas and the general conditions applicable to incoming direct investments;
b) Communicate investment evaluation criteria and procedures to enhance transparency in the process of granting government incentives;
c) Take the fullest possible account of the need of the investors for stability, growth and profit in their operations in the formulation or modification of policies and ordinances that affect investment;
d) Not interfere or modify arrangements with the investors after the details of the implementation of an investment project has been accepted and approved, and the ownership and management structure of the enterprises have been established unless the law provides otherwise;
e) Avoid undue distortion or competition between or among enterprises operating within its territorial jurisdiction, whether domestic or foreign, when granting any special exemptions or incentives aimed at encouraging investments in the identified target areas;