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PD 2030 Section 14

PD 2030 Section 14

Section 14

SEC. 14. Creation, (a) The National Government through the National Development Company shall and is hereby authorized to organize under the provisions of the Corporation Code an asset management corporation (herein referred to as the Asset Management Corporation) to perform the Junctions contemplated in this Decree, and to subscribe to and hold up to fifty percent (50%) of the authorized capital stock of the Asset Management Corporation. (b) The National Government, through the Minister of Finance, shall invite and arrange for the investment in the remaining equity of the Asset management Corporation by an international financial institution or institutions of which the Philippines is a member and by other appropriate investors, whether foreign or domestic, such investments to be made on terms that shall be mutually agreed between such institution or institutions and the National Government.

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Other provisions in PD 2030

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 2030 Section 14 (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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