Preamble
"SEC. 12. Remuneration of members attending meetings of the Board.—The members of the Monetary Board or their respective substitutes, except the Governor and the Senior Deputy Governor, shall receive a per diem for every Board meeting attended. The amount of per diem shall be set by the President (Prime Minister) but may not exceed five hundred (P500) pesos nor the sum of five thousand (P5,000) pesos for every single month."