RA 7394 (Consumer Act of the Philippines) Article 145

Exempted Transaction.

Article 145

ART. 145. Exempted Transaction. - The foregoing requirements on consumer credit transactions shall not apply to the following credit transactions: those involving extension of credits for business or commercial purposes, or to the government and governmental agencies and instrumentalities, juridical entities or to organizations; those in which the debtor is the one specifying the definite set of credit terms such as bank deposits, insurance contracts, sale of bonds or analogous transactions.

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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 7394 (Consumer Act of the Philippines) Article 145 (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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