RA 8556 (Financing Company Act of 1998) Section 4

Section 4

SEC. 4. Section 4 of the same Act is hereby amended to read as follows: "SEC. 4. Grant of Authority to Securities and Exchange Commission. - The Securities and Exchange Commission is hereby empowered to enforce the provisions of this Act and issue implementing regulations except insofar as the Bangko Sentral may have supervisory authority under the provisions of Republic Act No. 7653 with respect to financing companies licensed to perform quasi-banking functions, and insofar as the Monetary Board has authority to prescribe financing company rates and charges under Section 5 hereof."

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Other provisions in RA 8556 (Financing Company Act of 1998)

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 8556 (Financing Company Act of 1998) Section 4 (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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