PD 1267 Section 19

Authority of the Monetary Board.

Section 19

SEC. 19. Authority of the Monetary Board. — In the furtherance of the objectives of this Decree, and whenever prevailing conditions warrant, the Monetary Board may direct and require banking institutions to set aside or allocate a part of their savings and time deposits for loans to finance the purchase and/or acquisition, construction, repair, improvement or development of houses and/or lots used for the construction of residential houses.

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Other provisions in PD 1267

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 1267 Section 19 (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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