Republic Acts1 min read
Section 10May 6, 1997, Sec./Art. 10
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Sec. 14 of Republic Act No, 6977 is hereby amended to read follows:
"SEC. 14. Penalty Clause. - The Bangko Sentral ng Pilipinas shall impose administrative sanctions and other penalties on the lending institutions for non-compliance with provision of this Act including a fine of not less than Five hundred thousand pesos (P500,000)."
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