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PD 72 Section 5

PD 72 Section 5

Section 5

SEC. 5. Section ten of the same Act is hereby amended to read as follows: "SEC. 10. Meetings. — The Monetary Board shall convene as frequently as is necessary to discharge its responsibilities properly, but shall meet at least once every two weeks. The Board may be convoked either by the Secretary of Finance or by the Governor of the Central Bank. "The presence of four members shall constitute a quorum. "All decisions of the Monetary Board shall require the concurrence of at least four members, except in special cases where the provisions of other sections of this Act demand a greater majority."

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Other provisions in PD 72

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 72 Section 5 (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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