RA 10693 (Microfinance NGOs Act) Section 10

Accreditation of Microfinance Institutions Registered as Nonstock, Nonprofit Corporation.

Section 10

SEC. 10. Accreditation of Microfinance Institutions Registered as Nonstock, Nonprofit Corporation. – Microfinance NGOs shall be required to obtain accreditation from the Council as a condition for the availment of the incentives under this Act. Upon the effectivity of this Act, Microfinance NGOs which are certified by the SEC to have no derogatory information shall be deemed accredited for one (1) year, unless earlier revoked by the Council for good cause after review.

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Other provisions in RA 10693 (Microfinance NGOs Act)

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

CitationRA 10693 (Microfinance NGOs Act) Section 10 (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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