Bill Type
Congress Name
Long Title
AN ACT TO PROMOTE THE DEVELOPMENT OF THE PHILIPPINE MUTUAL FUNDS INDUSTRY, AMENDING FOR THE PURPOSE THE INVESTMENT COMPANY ACT (REPUBLIC ACT NO. 2629) AND THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED, AND FOR OTHER PURPOSES
Date filed
July 7, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB00760 |
| FULL TITLE : AN ACT TO PROMOTE THE DEVELOPMENT OF THE PHILIPPINE MUTUAL FUNDS INDUSTRY, AMENDING FOR THE PURPOSE THE INVESTMENT COMPANY ACT (REPUBLIC ACT NO. 2629) AND THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED, AND FOR OTHER PURPOSES |
| ABSTRACT : Allows the trust fund companies to change their investment policies without the need for Securities and Exhange Commission (SEC's) approval under certain conditions. |
| PRINCIPAL AUTHOR/S : TUAZON, RODOLFO T. |
| DATE FILED : 1998-07-07 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 1998-07-29 |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON WAYS AND MEANS |
Abstract
Allows the trust fund companies to change their investment policies without the need for Securities and Exhange Commission (SEC's) approval under certain conditions.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.