My bookmarksSign up free

CA 688 Section 3

Section 3

SEC. 3. Anyone presenting notes of the Philippine National Bank worth five hundred pesos or more to be stamped or countersigned in conformity with this Act, should accompany them with a statement showing the number, series or denomination of each note and, in addition, submit a sworn statement subscribed by the owner of the bank notes or his legal representative, clearly and specifically declaring: the nationality, civil status, residence, occupation or profession of the said owner during the last four years; where, when and how the notes were acquired; that their acquisition was neither illegal nor illicit; that no subject, agent mandatory or intermediary of any enemy country that has levied war during the last four years, or which continues to be at war, with the United States of America and the Philippines, has any interest or participation in said bank notes; that the alleged owner did not receive such notes as compensation or payment for military aid or service to the enemy or as remuneration for having given to the latter means and information which favor its military activities within or outside the Philippines; and that said owner has not presented any other note or notes of the Philippine National Bank to be stamped or countersigned in any other treasury office of the Philippines. If the statement and affidavit so required are not presented together with the bank notes, said notes shall not be stamped or countersigned.

Read the full instrument →

Other provisions in CA 688

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

CitationCA 688 Section 3 (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).

Continue your research