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PD 114 Section 17

Grant of authority to the Central Bank.

Section 17

SEC. 17. Grant of authority to the Central Bank. — The Central Bank is hereby authorized (a) to issue rules and regulations to implement the provisions contained herein; (b) to require from pawnshops reports of condition and such other reports necessary to determine compliance with the provisions of this Decree; (c) to exercise visitatorial powers whenever deemed necessary; and (d) to impose such administrative sanctions including the imposition of fines for violations of this Decree and regulations issued by the Central Bank in pursuance thereto.

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Other provisions in PD 114

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

CitationPD 114 Section 17 (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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