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BP 178 Section 49

Revelation of information filed with the Commission.

Section 49

SEC. 49. Revelation of information filed with the Commission. —(a) All information file with the Commission in compliance with the requirements of this Act shall be made available to any member of the general public, upon request, in the premises and during regular office hours of the Commission, except as set forth in this Section. (b) Nothing in this Act shall construed to require, or to authorize the Commission to require, the revealing of trade secrets or processes in any application, report, or document filed with the Commission. (c) Any person filing any such application, report or document may make written objection to the public disclosure of information contained therein, stating the grounds for such objection, and the Commission is authorized to hear objections in any such case as it deems advisable. The Commission may, in such cases, make available to the public the information contained in any such application, report, or document only when a disclosure of such information is required in the public interest or for the protection of investors; and copies of information so made available may be furnished to any person having a legitimate interest therein at such reasonable charge and under such reasonable limitations as the Commission may prescribe. (d) It shall be unlawful for any member, officer, or employee of the Commission to disclose to any person other than a member, officer or employee of the Commission or to use for personal benefit, any information contained in any application, report, or document filed with the Commission which is not made, available to the public pursuant to subsection (c) of this Section. (34a)

Read the full instrument → · Open the chapter this section belongs to: Chapter V. —General Provisions →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

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

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