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Implementing Rules and Regulations (IRR) and Guidelines. - The Board, in consultation with the Department of Finance, Department of Budget and Management, Bangsamoro Human Rights Commission, TFBM and the National Economic and Development Authority, shall promulgate the implementing rules and regulations within sixty (60) days after the effectivity of this Act.
In implementing this Act and in formulating the corresponding rules and regulations, and to ensure that all applications are properly processed, the Board must provided for:
(a) Transparency in the processing of the claims;
(b) A procedure that allows any concerned party to oppose an application or claim on the ground that it is fraudulent, fictitious or spurious and gives that party the opportunity to question the same and to present evidence in support thereof; and
(c) A procedure that is speedy and expeditious without sacrificing any of the fundamental rights of the parties.
The IRR shall be effective fifteen (15) days after its publication in two (2) newspapers of general circulation.
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