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RA 265 Section 60

Profits from recoinage or from reductions in the Bank's currency liabilities.

Section 60

SEC. 60. Profits from recoinage or from reductions in the Bank's currency liabilities.—Any profits resulting from recoinage or from a reduction in the liabilities of the Central Bank through loss, destruction or demonetization of currency shall be used for the purposes mentioned in section 45 of this Act. B. DEPOSIT MONEY

Read the full instrument → · Open the chapter this section belongs to: CHAPTER II.—THE CENTRAL BANK AND THE MEANS OF PAYMENT →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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