Republic Acts1 min read
Section 46January 26, 1990, Sec./Art. 46
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Supervision and Regulation by the Central Bank. - The Islamic Bank shall be under the supervision and regulation of the Central Bank. All provisions of this Act, except those which pertain to the principles of Islamic Shari'a, shall be subject to all banking and pertinent laws of the Philippines and Central Bank Rules and Regulations which shall include proper safeguards to depositors and investors in the investments, partnerships, agencies and other operation of the bank.
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