PD 1796 Preamble

Preamble

WHEREAS, there is a need to amend Section 5 of Republic Act No. 5779, as amended, to reflect the original intention of said law; WHEREAS, there is a need to strengthen the supervisory-authority of the Central Bank over savings and loan associations; WHEREAS, the Central Bank should have the flexibility in its authority to issue rules governing said associations; NOW, THEREFORE, I, FERDINAND S. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby decree and order as follows:

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Other provisions in PD 1796

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 1796 Preamble (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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