SEC. 2. The same Act is hereby amended by adding the
following section immediately after Section 4 thereof, which reads as
follows:
"SEC. 4-a. The Monetary Board may eliminate, exempt from,
or suspend the effectivity of, interest rate ceilings on certain types
of loans or renewals thereof or forbearances of money, goods, or credit,
whenever warranted by prevailing economic and social conditions."
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 858 Section 2 (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).
