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PD 264 Section 18

Supervision by the Central Bank.

Section 18

SEC. 18. Supervision by the Central Bank. — The Amanah Bank shall be subject to examination and supervision of the Central Bank pursuant to applicable laws, and shall contribute to the Central Bank an annual fee to help defray the cost of maintaining the appropriate supervising department within the Central Bank in an amount to be determined by the Monetary Board but in no case to exceed one twentieth of one percent (1/20 of 1%) of its total assets during the preceding year, as shown on its end-of-month balance sheets, after deducting its cash on hand and amounts due banks, including the Central Bank.

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Other provisions in PD 264

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 264 Section 18 (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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