Republic Acts1 min read
Section 8Sec./Art. 8
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Section 12 of Republic Act No. 7721 is hereby amended to read as follows:
"SEC. 12. Applicability of Other Banking Laws. The provisions of Republic Act No. 7653, otherwise known as the New Central Bank Act and the provisions of Republic Act No. 8791, otherwise known as The General Banking Law of 2000′, insofar as they are applicable and not in conflict with any provision of this Act, shall apply to banks authorized pursuant to this Act."
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