Section 97Sec./Art. 97

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Provision: Section 97
Parent law: Republic Act No. 12009
Reading time: 1 minute
Government source: No public source URL stored for this provision

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Liquidated Damages. - All contracts executed in accordance with this Act shall contain a provision on liquidated damages which shall be payable in case of breach thereof. The amount thereof shall be specified in the IRR.

ARTICLE XXI

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Related laws

Republic Act No. 53

Republic Act No. 296

Republic Act No. 1125