Can I read Penalties and Effectivity of the Act on EtoBox?

Penalties and Effectivity of the Act by kim che is a document available to read on EtoBox.

What is Penalties and Effectivity of the Act about?

The document outlines penalties for violations of the Act, including fines ranging from P25,000 to P50,000 and imprisonment of six months to two years for willful violations. It also states that non-compliance with specific provisions may result in fines of at least P500,000 imposed by the BSP on government financial institutions. The Act will take effect 15 days after publication in designated public venues.

Author

kim che

Language

EN