RA 7656 Section 5

Flexible Clause.

Section 5

Sec. 5. Flexible Clause. — In the interest of national economy and general welfare, the percentage of annual net earnings that shall be declared by a government-owned or controlled corporation may be adjusted by the President of the Philippines upon recommendation by the Secretary of Finance.

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Other provisions in RA 7656

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 7656 Section 5 (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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