RA 265 Section 12

Remuneration of members for attending meetings of the Board.

Section 12

SEC. 12. Remuneration of members for attending meetings of the Board.— The members of the Monetary Board their respective substitutes, except the Governor and the ranking deputy-governor, shall receive a per diem for every Board meeting attended. The amount of said per diem shall be set by the President but may not exceed fifty (P50) Pesos, nor the sum of five hundred pesos (P500) for any single month.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER I.—Establishment and Organization the Central Bank of the Philippines →

Other provisions in CHAPTER I.—Establishment and Organization the Central Bank of the Philippines

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 265 Section 12 (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).

Continue your research

RA 265, full textChapter navigation and full text, so you can read this section in contextPhilippines legislation Philippine Laws by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year CHAPTER I.—Establishment and Organization the Central Bank of the Philippines — read this in contextThe surrounding text of the act in order, so you can see what comes before and afterChapters and sections