Act No. 2972 — An Act to Provide in What Language Account Books Shall Be Kept, and to Establish Penalties for Its Violation.
Data as of July 4, 2026 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
SECTION 1. It shall be unlawful for any person, company, partnership or corporation engaged in commerce, industry or any other activity for the purpose of profit in the Philippine Islands, in accordance with existing law, to keep its account books in any language other than English, Spanish or any local dialect.
SEC. 2. Any person violating the provisions of this Act shall, upon conviction, be punished by a fine of bot more than ten thousand pesos, or by imprisonment for not more than two years or both.
SEC. 3. This Act shall take effect on November first, nineteen hundred and twenty-one. Approved, February 21, 1921.
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).