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RA 4862 Section 1

RA 4862 Section 1

Section 1

SECTION 1. Section one of Republic Act Numbered Two thousand fifty-two, as amended by Republic Act Numbered Two thousand six hundred eighty-six, is further amended as follows: "SECTION 1. The President of the Philippines is hereby authorized to negotiate for increases in the subscription of the Republic of the Philippines to the capital stock of the International Bank for Reconstruction and Development and to its quota in the International Monetary Fund: Provided, however, That such subscription shall not exceed one hundred seventy-five million United States dollars and such quota shall not exceed the same amount."

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Other provisions in RA 4862

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 4862 Section 1 (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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