RA 11506 Section 20

Penalty Clause.

Section 20

SEC. 20. Penalty Clause. - Failure of the grantee, its successors or assignees, to submit the requisite annual report to Congress shall be penalized by a fine of One million pesos (P1,000,000.00) per working day of noncompliance. The fine shall be collected by the CAAP from the delinquent franchise grantee, its successors or assignees, separate from the reportorial penalties imposed by the CAAP and the same shall be remitted to the Bureau of the Treasury.

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Other provisions in RA 11506

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 11506 Section 20 (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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