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RA 265 Section 121

Remuneration for services.

Section 121

SEC. 121. Remuneration for services.—The Central Bank shall not charge for services which lit renders to the Government and to its political, subdivisions and instrumentalities any rates, commissions or fees. The Bank shall not pay interest on deposits of the Government or of its political subdivision's and instrumentalities.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER V.—FUNCTIONS AS FISCAL AGENT, BANKER AND FINANCIAL ADVISOR OF THE GOVERNMENT →

Other provisions in CHAPTER V.—FUNCTIONS AS FISCAL AGENT, BANKER AND FINANCIAL ADVISOR OF THE GOVERNMENT

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 121 (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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