Republic Acts1 min read
Section 22Sec./Art. 22
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Section 40 of Commonwealth Act No. 146, as amended, is hereby further amended to read as follows:
"SEC. 40.Administrative Fees and Charges. -Administrative Agency may collect from any public service, including any public utility, reasonable fees and charges, and impose appropriate penalties and fines as provided by law:Provided,That such fees, charges, penalties and fines may be adjusted to its present value every five (5) years using the Consumer Price Index (CPI) as published by the Philippine Statistics Authority (PSA)."
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