PD 1883 Section 1

Section 1

SECTION 1. Blackmarketing of Foreign Exchange. That any person who shall engage in the trading or purchase and sale of foreign currency in violation of existing laws or rules and regulations of the Central Bank shall be guilty of the crime of blackmarketing of foreign exchange, and shall suffer the penalty of recluslon temporal, (minimum of 12 years and one day and maximum of 20 years) and a fine of not less than Fifty Thousand (P50.000.00) Pesos.

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Other provisions in PD 1883

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 1883 Section 1 (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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