Bill Type
Congress Name
Long Title
AN ACT AMENDING REPUBLIC ACT NUMBERED SEVENTY-SIX HUNDRED AND FIFTY-THREE ENTITLED 'THE NEW CENTRAL BANK ACT' AND FOR OTHER PURPOSE
Date filed
July 9, 1998
Scope
Urgent Bill
Yes
Legislative History
| House Bill/Resolution NO. HB00878 | |
| FULL TITLE : AN ACT AMENDING REPUBLIC ACT NUMBERED SEVENTY-SIX HUNDRED AND FIFTY-THREE ENTITLED 'THE NEW CENTRAL BANK ACT' AND FOR OTHER PURPOSE | |
| ABSTRACT : Fixes the TERM of a NEW member in the Monetary Board (due to a vacancy created by the death, resignation or removal of a member) act at THREE (3) YEARS, or equivalent to the unexpired term of the member concerned. Sets prohibitions on who can be amember of the Board and ensures high standard of the compensation and wage structure of the Bangko Sentral's officials and employees. | |
| PRINCIPAL AUTHOR/S : LEDESMA, JULIO IV A. | |
| DATE FILED : 1998-07-09 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| 3. | 4. |
| ADMINISTRATION BILL? No | |
| URGENT BILL? Yes | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| MOTHER BILL: HB09427 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 1998-07-30 |
Abstract
Fixes the TERM of a NEW member in the Monetary Board (due to a vacancy created by the death, resignation or removal of a member) act at THREE (3) YEARS, or equivalent to the unexpired term of the member concerned. Sets prohibitions on who can be amember of the Board and ensures high standard of the compensation and wage structure of the Bangko Sentral's officials and employees.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.