Full Title
AN ACT TO AMEND PARAGRAPH "C", SECTION ONE OF REPUBLIC ACT NUMBERED SIXTY-TWO.
Congress
House Bill No.
H. No. 1273
Legislative History
Date of Approval
June 14, 1947
Other Details
Issuance Category
Legislative Issuance Type
Bill Note
Amendment Note
RA 62, par. "C", sec. 1
Link From Other Sources
URL (Supreme Court)
Official Gazette
Official Gazette Source
Official Gazette vol. 43 no. 7 page 2595 (7/00/1947)
Full Text of Issuance
Click to view full text
H. No. 1273 / 43 OG No. 7, 2595 (July, 1947)
[ REPUBLIC ACT NO. 148, June 14, 1947 ]
AN ACT TO AMEND PARAGRAPH "C," SECTION ONE OF REPUBLIC ACT NUMBERED SIXTY-TWO.
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:SECTION 1. Paragraph "C," section one of Republic Act Numbered Sixty-two is hereby amended to read as follows:
"C. Security holders shall submit to the issuer the evidence of their ownership of securities within the period prescribed pursuant to paragraph A of this section. Upon proper cause shown, the Securities and Exchange Commission may, in general or specific cases, grant extensions of time for the presentation of proof of ownership of securities, for periods not exceeding six months at a time, but in no case shall the total extended period exceed two years from the expiration of the original period."
SEC. 2. This Act shall take effect upon its approval.Approved, June 14, 1947.
Source: Supreme Court E-Library