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Act No. 2762 Section 5

Act No. 2762 Section 5

Section 5

SEC. 5. The chairman of the Board shall receive an annual salary of not to exceed four thousand pesos and the secretary-treasurer an annual salary of not to exceed three thousand pesos. The third member shall be entitled to a per diem of ten pesos for each meeting of the Board actually attended by him, but shall not receive in aggregate more than forty pesos per month. No member of the Board shall receive additional compensation in the performance of his duties as examiner of candidates for pharmacist. Neither the chairman nor the secretary-treasurer shall be owners, managers, or employees of pharmacies, dispensaries, drug stores, or similar establishments, nor be directly or indirectly interested in such establishments.

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Other provisions in Act No. 2762

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationAct No. 2762 Section 5 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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