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RA 7 Section 2

Section 2

SEC. 2. The Foreign Funds Control Office is authorized to require any person to keep a full record of and to furnish under oath in the form of reports, or otherwise, complete information relative to any act or transaction referred to in this Act either before, during, or after the completion thereof, or relative to any property or interest therein in which any enemy country or any national thereof has or has had any interest or as may be necessary to enforce the provisions of this Act; and in any case in which a report could be required, the Foreign Funds Control Office may require the production of, or seize any books of account, records, contracts, letters, memoranda or other papers in the custody or control of such person, and the Foreign Funds Control Office may take further measures not inconsistent herewith for the enforcement of this Act.

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Other provisions in RA 7

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 7 Section 2 (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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