Republic Act No. 11469: Bayanihanto Heal As One Act

Eighteenth Congress First Regular Session Begun and held in Metro Manila, on Monday, the twenty-second day of July, two thousand nineteen.

[ REPUBLIC ACT NO. 11469, March 24, 2020 ]

AN ACT DECLARING THE EXISTENCE OF A NATIONAL EMERGENCY ARISING FROM THE CORONAVIRUS DISEASE 2019 (COVID-19) SITUATION AND A NATIONAL POLICY IN CONNECTION THEREWITH, AND AUTHORIZING THE PRESIDENT OF THE REPUBLIC OF THE PHILIPPINES FOR A LIMITED PERIOD AND SUBJECT TO RESTRICTIONS, TO EXERCISE POWERS NECESSARY AND PROPER TO CARRY OUT THE DECIDED NATIONAL POLICY AND FOR OTHER PURPOSES

Be it enacted by the Senate and House of Representatives of thePhilippines in Congress assembled:

Section 1. Short Title

This Act shall be known and cited asBayanihanto Heal As One Act".

Section 2. State of National Emergency

Presidential Proclamation No. 922 s. 2020, was issued declaring a State of Public Health Emergency throughout the Philippines due to the Coronavirus Disease 2019 (COVID-19) and the Code Alert System for COVID-19 was raised to Code Red Sublevel Two (2) in accordance with the recommendation of the Department of Health (DOH) and the Inter-Agency Task Force for the Management of Emerging Infectious Diseases. Further Presidential Proclamation No. 929, s. 2020, was issued declaring a State of Calamity throughout the Philippines and imposed an Enhanced Community Quarantine throughout Luzon.

In view of the continuing rise of confirmed cases of COVID-19, the serious threat to the health, safety, security, and lives of our countrymen, the long-term adverse effects on their means of livelihood, and the severe disruption of economic activities, a state of national emergency is hereby declared over the entire country.

Section 3. Declaration of Policy

The COVID-19 pandemic has greatly affected nations worldwide, including the Philippines, and has caused and is continuing to cause loss of lives and disruption to the economy. Thus, there is an urgent need to:

(a)mitigate, if not contain, the transmission of COVID-19;

(b)immediately mobilize assistance in the provision of basic necessities to families and individuals affected by the imposition of Community Quarantine, especially indigents and their families;

(c)undertake measures that will prevent the overburdening of the healthcare system:

(d)immediately and amply provide healthcare, including medical tests and treatments, to COVID-19 patients, persons under investigation (PUIs),or persons under monitoring (PUMs);

(e)undertake a program for recovery and rehabilitation, including a social amelioration program and provision of safety nets to all affected sectors;

(f)ensure that there is sufficient, adequate and readily available funding to undertake the foregoing;

(g)partner with the private sector and other stakeholders to deliver these measures and programs quickly and efficiently; and

(h)promote and protect the coUectiv interests of all Filipinos in these challenging times. By reason thereof, and in order to optimize the efforts of the President to carry out the tasks needed to implement the aforementioned : policy, it is imperative to grant him authority subject to limitations as hereinafter provided.

Section 4. Authorized Powers

Pursuant to Article VI.action23 (2) of the Constitution, the President is hereby authorized to exercise powers that are necessary and proper to carry out the declared national policy. The President shall have the power to adopt the following temporary emergency measures to respond to crisis brought by the pandemic:

(a)Following World Health Organization guidelines and best practices, adopt and implement measures to prevent or suppress further transmission and spread of COVID-19 through effective education, detection, protection, and treatment;

(b)Expedite and streamline the accreditation of testing kits and facilitate prompt testing by public and designated private institutions of PUIs and PUMs 5 and the compulsory and immediate isolation and treatment of patients:Provided,That the cost of treatment for COVID-19 patients shall be covered under the National Health Insurance Program of the Philippine Health Insurance Corporation;

(c)Provide an emergency subsidy to around eighteen (18) million low income households:Provided,That the subsidy shall amount to a minimum of Five thousand pesos (P5,000.00) to a maximum of Eight thousand pesos (P8,000.00) a month for two (2) months;Provided, further,That the subsidy shall be computed based on the prevailing regional minimum wage rates:Provided, finally,That the subsidy received from the current conditional cash transfer program and rice subsidy shall be taken into consideration in the computation of the emergency subsidy as provided for in this Act;

(d)Ensure that all public health workers are protected by providing them with a "COYID-19 special risk allowance", in addition to the hazard pay granted under the Magna Carta of public Health Workers or Republic Act No. 7305;

(e)Direct the Philippine Health Insurance Corporation (PhilHealth) to shoulder all medical expenses of public and private health workers in case of exposure to COVID-19 or any work-related injury or disease during the duration of the emergency;

(f)Provide compensation of One hundred thousand pesos (P100,000.00) to public and private health workers who may contract severe COVID-19 infection while in the line of dutyProvided, further,That a compensation of One million pesos (P1,000,000.00)shall be given to public and private health workers, who may die while fighting the COVID-19 pandemicProvided, finally,That this shall have retroactive application from February 1, 2020;

(g)Ensure that all Local Government Units (LGUs) are acting within the letter and spirit of all the rules, regulations and directives issued by the National Government pursuant to this Act; are implementing standards of Community Quarantine consistent with what the National Government has laid down for the subject area, while allowing LGUs to continue exercising their autonomy in matters undefined by the National Government or are within the parameters it has set; and are fully cooperating towards a unified, cohesive and orderly implementation of the national policy to address COVID-19:Provided,That all LGUs shall be authorized to utilize more than five percent (5%) of the amount allocated for their calamity fund subject to additional funding and support from the National Government;

(h)Consistent with Section 17, Article XII of the Constitution, when the public interest so requires, direct the operation of any privately-owned hospitals and medical and health facilities including passenger vessels and, other establishments, to house health workers, serve as quarantine areas, quarantine centers, medical relief and aid distribution locations, or other temporary medical facilities; and public transportation to ferry health, emergency, and frontline personnel and other persons:Provided, however,That the management and operation of the foregoing enterprises shall be retained by the owners of the enterprise, who shall render a full accounting to the President or his duly authorized representative of the operations of the utility or business as basis for appropriate compensation:Provided, further,That reasonable compensation for any additional damage or co incurred by the owner or the possessor of the subject P r0P solely on account of complying with the directive shall be given to the person entitled to the possession of such private properties or businesses after the situation has stabilized or at the soonest time practicable:Provided, finally,That if the foregoing enterprises unjustifiably refuse or signify that they are no longer capable of operating their enterprises for the purpose stated herein, the President may take over their operations subject to the limits and safeguards enshrined in the Constitution;

(i)Continue to enforce measures to protect the people from hoarding, profiteering, injurious speculations, manipulation of prices, product deceptions, and cartels, monopolies or other combinations in restraint of trade, or other pernicious practices affecting the supply, distribution and movement of food, clothing, hygiene and sanitation products, medicine and medical supplies, fuel, fertilizers, chemicals, building materials, implements, machinery equipment and spare parts required in agriculture, industry and other essential services, and other articles of prime necessity, whether imported or locally produced or manufactured;

(j)Ensure that donation, acceptance and distribution of health products intended to address the COVID-19 public health emergency are not unnecessarily delayed and that health products for donation duly certified by the regulatory agency or their accredited third party from countries with established regulation shall automatically be cleared:Provided,That this shall not apply to health products which do not require a certification or clearance from Food and Drug Administration (FDA);

(k)Undertake the procurement of the following as the need arises, in the most expeditious manner, as exemptions from the provisions of Republic Act No. 9184 or the "'Government Procurement Reform Act" and other relevant laws:

(1)Goods, which may include personal protective equipment such as gloves, gowns, masks, goggles, face shields; Surgical equipment and supplies: laboratory equipment and its reagents; medical equipment and devices; support and maintenance for laboratory and medical equipment, surgical equipment and supplies; medical supplies, tools, and consumables such as alcohol, sanitizers, tissue, thermometers, hand soap, detergent, sodium hydrochloride, cleaning materials, povidone iodine, common medicines (e.g., paracetamol tablet and suspension, mefenamic acid, vitamins tablet and suspension, hyoscine tablet and suspension, oral rehydration solution, and cetirizine tablet and suspension); testing kits, and such other suppliesor equipment as may be determined by the DOH and other relevant government agencies:Provided,That the DOH shall prioritize the allocation and distribution of the aforesaid goods, supplies and other resources to the following: i. Public health facilities in the regions, provinces, or cities, that are designated as COVID-19 referral hospitals, such as, but not limited to, Philippine General Hospital, Lung Center of the Philippines, and Dr. Jose N. Rodriguez Memorial Hospital; ii. Private hospitals which have existing capacities to provide support care and treatment to COVID-19 patients; and iii. Public and private laboratories that have existing capacities to test suspected COVID-19 patients.

(2)Goods and services for social amelioration measures in favor of affected communities;

(3)Lease of real property or venue for use to house health workers or serve as quarantine centers, medical relief and aid distribution locations, or temporary medical facilities;

(4)Establishment, construction, and operation of temporary medical facilities;

(5)Utilities, telecommunications, and other critical services in relation to operation of quarantine centers, medical and aid distribution centers and temporary medical facilities; and

(6)Ancillary services related to the foregoing.

(l)Partner with the Philippine Red Cross, as the primary humanitarian agency that is auxiliary to the government in giving aid to the people, subject to reimbursement, in the distribution of goods and services incidental in the fight against COVID-19;

(m)Engage temporary Human Resources for Health (HRH) such as medical and allied medical staff to complement for supplement the current health workforce or to man the temporary medical facilities to be established in accordance with Section 4 k(4) of this Act:Provided,That HRH to be hired on temporary basis shall receive the appropriate compensation and allowances:Provided, further,That all HRH serving in the front line during the state of calamity due to COVID-19, shall receive an actual hazard duty pay from the government;

(n)Ensure the availability of credit to the productive sectors of the economy especially in the countryside through measures such as ; but not limited to, lowering the effective lending rates of interest and reserve requirements of lending institutions;

(o)Liberalize the grant of incentives for the manufacture or importation of critical or needed equipment or supplies for the carrying-out of the policy declared herein, including healthcare equipment and supplies:Provided,That importation of these equipment and supplies shaD be exempt from import duties, taxes and other fees;

(p)Ensure the availability of essential goods, in particular food and medicine, by adopting measures as may reasonably be necessary to facilitate and/or minimize disruption to the su Pply chain, especially for basic commodities and services to the maximum extent possible;

(q)Require businesses to prioritize and accept contracts, object to fair and reasonable terms, for materials and services necessary to promote the herein declared national policy;

(r)Regulate and limit the operation of all sectors of transportation through land, sea or air ; whether private or public;

(s)Regulate traffic on all roads, streets, and bridges, and access thereto; prohibit putting up of encroachments or obstacles; authorize the removal of encroachments and illegal constructions in public places; and perform all other related acts;

(t)Continue to authorize alternative working arrangements for employees and workers in the Executive Branch, and whenever It becomes necessary, in other independent branches of government and constitutional bodies, and the private sector;

(u)Conserve and regulate the distribution and use of power, fuel, energy and water, and ensure adequate supply of the same;

(v)Notwithstanding any law to the contrary, direct the discontinuance of appropriated programs, projects or activities (P/A/P) of any agency of the Executive Department, including government-owned or -controlled corporations (GOCCs), in the FYs2019 and 2020 General Appropriations Act (GAA), whether released or unreleased, the allotments for which remain unobligated, and utilize the savings generated therefrom to augment the allocation for any item directly related to support operations and response measures, which are necessary or beneficial in order to address the COYID-19 emergency, consistent with the herein declared national policy:Provided, however,That the following items in the budget shall be prioritized for augmentation:

(1)Under the Department of Health - operational budgets of government hospitals, primarily those identified for treatment of COV1D-19; prevention and control of other infectious diseases; emergency preparedness and response; quick responsefund;

(2)Under the University of the Philippines - the operational budget of the Philippine General Hospital;

(3)The National Disaster Risk Reduction Fund or calamity fund;

(4)Programs of the Department of Labor and Employment, such as but not limited to Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers and COVID-19 Adjustment Measures Program (CAMP);

(5)Under the Department of Trade and Industry - Livelihood Seeding Program and Negosyo Serbisyo sa Barangay;

(6)Under the Department of Agriculture - Rice Farmers Financial Assistance Program;

(7)Under the Department of Education - School-Based Feeding Program;

(8)Under various Department of Social Welfare and Development programs, such as but not limited to Assistance to Individuals in Crisis Situations (AICS), distribution of food and non-food items, livelihood assistance grants, and supplemental feeding program for daycare children;

(9)Under allocations to local government units;

(10)Quick Response Funds lodged in the various relevant departments, such as, but not limited to the DOH and DSWD.

Notwithstanding the provisions of this Act, the discontinued program, activity or project may be revived at any time after the national emergency has ceased, and notwithstanding Section 67 of Republic Act No. 11465 or the "General Appropriations Act of 2020", may be revived and proposed for funding within the next two (2) fiscal years;

(w)Any unutilized or unreleased balance in a special purpose fund, as of the date of declaration of a State of Emergency, shall be considered to have their purpose abandoned for the duration of the State of Emergency. All such unspent, unutilized or unreleased money or funds sourced from collections or receipts, including future collections receipts, shall be utilized and are hereby appropriated for measures to address the COVID-19 situation and accomplish the declared national policy herein;

(x)Notwithstanding any law to the contrary, reprogram reallocate, and realign from savings on other items of appropriations in the FY 2020 GAA in the Executive Department, as may be necessary and beneficial to fund measures that address and respond to the COVID-19 emergency, including social amelioration for affected communities, and the recovery of areas, sectors and industries severely affected. All amounts so reprogrammed, reallocated or realigned shall be deemed automatically appropriated for such measures to address the COVID-19 situation within the period specified under Section 9 hereof;

(y)Notwithstanding any law to the contrary, the President is hereby authorized to allocate cash, funds, investments, including unutilized or unreleased subsidies and transfers, held by any GOCC or any national government agency in order to address the COVID-19 emergency, as declared in Section 3 hereof;

(z)Move statutory deadlines and timelines for the filing and submission of any document, the payment of taxes, fees, and other charges required by law, and the grant of any benefit, in order to ease the burden on individuals under .Community Quarantine;

(aa)Direct all banks, quasi-banks, financing companies, lending companies, and other financial institutions, public and private, including the Government Service Insurance System Social Security System and Pag-ibig Fund, to implement a minimum of a thirty (30)-day grace period for the payment of all loans, including but not limited to salary, personal, housing, and motor vehicle loans, as well as credit card payments, falling due within the period of the enhanced Community Quarantine without incurring interests, penalties, fees, or other charges, persons with multiple loans shall likewise be given the minimum thirty (30)-day grace period for every loan;

(bb)Provide for a minimum of thirty (30)-day grace period on residential rents falling due within the period of the enhanced community quarantine, without incurring interests, penalties, fees, and other charges;

(cc)Implement an expanded and enhanced Pantawid Pamilya Pilipino Program., responsive to the need posed by the crisis, and provision of an assistance program, whether in cash or non-cash, whichever is more practicable, where the Secretary of Social Welfare and Development, or the Secretary of Labor and Employment, when relevant, shall transfer cash, cash voucher, or goods through the LGUs or directly to households who have no incomes or savings to draw from, including households working in the informal economy and those who are not currently recipients of the current Pantawid Pamilya Pilipino Program, of an amount adequate to restore capacity to purchase basic food and other essential items during the duration of the quarantine. To carry out this subsection, the Secretary of the Department of Social Welfare and Development and the Secretary of the Department of Labor and Employment may approve the temporary emergency standards of eligibility and level of benefits.

(dd)Lift the thirty percent (30%) cap on the amount appropriated for the quick response fund, as provided for in Republic Act No. 10121 or the "Philippine Disaster Risk Reduction and Management Act of 2010", during the existence of the state of national emergency due to COVTD-19;

(ee)Undertake such other measures as may be reasonable and necessary to enable the President to carry out the declared national policy subject to the Bill of Rights and other constitutional guarantees.

Section 5. Reports to Congress and Creation of anOversight Committee

The President, during Monday of every week, shall submit a weekly report to Congress of all acts performed pursuant to this Act during the immediately preceding week. The report shall likewise include the amount and corresponding utilization of the funds used, augmented, programmed, reallocated and realigned pursuant to this Act.

For this purpose, the Congress shall establish a Joint Congressional Oversight Committee composed of four (4) members of each house to be appointed by the Senate President and the House Speaker, respectively. This Committee shall determine whether such acts, orders, rules and regulations are within the restrictions provided herein.

Section 6. Penalties

Inaddition to acts or omissions already penalized by existing laws, the following offenses shall be punishable with imprisonment of two (2) months or a fine of not less than Ten thousand pesos (P10,000.00) but not more than One million pesos (P1,000,000.00)or both, such imprisonment and fine, at the discretion of the court:

(a)LGU officials disobeying national government policies or directives in imposing quarantines;

(b)Owners and possessors of privately-owned hospitals, medical and health facilities, including passenger vessels, and other establishments who unjustifiably refuse to operate pursuant to the directive of the President;

(c)Engaging in hoarding, profiteering, injurious speculations, manipulation of prices, product deceptions, and cartels, monopolies or other combinations in restraint of trade, or other pernicious practices affecting the supply, distribution and movement of food, clothing, hygiene and sanitation products, medicine and medical supplies, fuel, fertilizers, chemicals, building materials, implements, machinery equipment and spare parts required in agriculture, industry and other essential services, and other articles of prime necessity, whether imported or locally produced or manufactured;

(d)Refusal to prioritize and accept contracts for materials and services necessary to promote the herein declared national policy;

(e)Refusal to provide thirty (30)-day grace periods provided under Section 4;

(f)Individuals or groups creating, perpetrating, or spreading false information regarding the COVID-19 crisis on social media and other platforms, such information having no valid or beneficial effect on the population, and are clearly geared to promote chaos, panic, anarchy, fear, or confusion; and those participating in cyber incidents that make use or take advantage of the current crisis situation to prey on the public through scams, phishing, fraudulent emails, or other similar acts;

(g)Failure to comply with reasonable limitations on the operation of certain transportation sectors or sectors, whether land, sea or air, be it private or public; and

(h)Impeding access to roads, streets and bridges; putting- up prohibited encroachments or obstacles; and maintenance of illegal constructions in public places that have been ordered to be removed;

Provided, however,That if the offender is a corporation, association, partnership or any other juridical person, the penalty shall be imposed upon the president, directors, managers, managing partners, as the case may be, who participated in the commission of the offense or who shall have knowingly permitted or failed to prevent the commission of the same.

If the offender is an alien, he shall, in addition to the penalties herein prescribed, be deported without further proceedings:Provided, further,That if the offender is a public official or employee, he shall, in addition to the penalties prescribed herein, suffer perpetual or temporary absolute disqualification from office, as the case may be.

Section 7. Construction or Interpretation

Nothing herein shall be construed as an impairment, restriction or modification of the provisions of the constitution, in case the exercise of the powers herein granted conflicts with other statutes, orders, rules or regulations, the provisions of this Act shall prevail.

Section 8. Separability

If any provision of this Act or the application of such provision to any person or circumstance is declared invalid, the remainder of this Act or the application of such provision to any other person or circumstance shall not be affected by such declaration.

Section 9. Effectivity

This Act shall take effect immediately upon its publication in a newspaper of general circulation orintheOfficial Gazetteand shall be in full force and effect only for three (3) months, unless extended by Congress:Provided,That the powers granted under this Act may be withdrawn sooner by means of a concurrent resolution of Congress or ended by Presidential Proclamation.

Approved,

| (SGD.)ALAN PETER S. CAYETANO Speaker of the House of Representatives | (SGD.)VICENTE C. SOTTO III President of the Senate |

This Act was passed by the Senate of the Philippines as Senate Bill No. 1418 on March 23, 2020 and adopted by the House of Representatives as an amendment to House Bill No. 6616 on March 23, 2020.

| (SGD.)JOSE LUIS G. MONTALES Secretary General House of Representatives | (SGD.)MYRA MARIE D. VILLARICA Secretary of the Senate |

Approved: MAR 24 2020

(SGD.)RODRIGO ROA DUTERTE President of the Philippines

Implementing Rules and Regulations of Section 4(aa) of Republic Act No. 11469, Otherwise Known as the "Bavanihan to Heal As One Act"

RULE I PRELIMINARY PROVISIONS

Section 1

01.Title.These rules ("Rules") shall be known and cited as the Implementing Rules and Regulations of Section 4 (aa) of Republic Act No. 11469, otherwise known as the "Bayanihan to Heal as One Act".

Section 1

02.Purpose.These Rules are issued to prescribe the guidelines and procedure for the implementation of Section 4(aa) of the "Bayanihan to Heal as One Act".

Section 1

03 Interpretation Clause.These Rules shall be interpreted to harmonize with Section 4 (n) of the "Bayanihan to Heal as One Act" which provides that the President shall have the power to "ensure the availability of credit to the productive sectors of the economy especially in the countryside through measures such as, but not limited to, lowering the effective lending rates of interest and reserve requirements of lending institutions".

Moreover, these rules shall be liberally construed to ensure the fulfillment of the policy objective of Section 4(aa) of the "Bayanihan to Heal as One Act.

Section 1

04.Declaration of Policy.The COV1D-I9 pandemic has greatly affected nations worldwide, including the Philippines, and has caused and is continuing to cause loss of lives and disruption to the economy. Thus, there is an urgent need, among other things, to:

(a)undertake a program for recovery and rehabilitation, including a social amelioration program and provision of safety nets to all affected sectors;

(b)partner with the private sector and other stakeholders to deliver these measures and programs quickly and efficiently: and

(c)promote and protect the collective interests of all Filipinos in these challenging times.

RULE II

Section 2

01 Definition of Terms.As used in these Rules, the following terms shall mean:

(a)"Covered Institutions" shall mean all lenders, including but not limited to banks. quasi-banks,non-stock savings and loan associations, credit card issuers, pawnshops and other credit granting financial institutions under the supervision of the Bangko Sentral ng Pilipioas (BSP). Securities and Exchange Commission (SEC), and Cooperative Development Authority, public or private, including the Government Service Insurance System, Social Security System and Pag-ibig Fund.

(b)"Loan Amortization" means a scheduled periodic payment that is applied to both loan principal and/or interest.

(c)"ECQPeriod" means the Enhanced Community Quarantine period from 17 March 2020 to 12 April 2020 cited in Proclamation No. 929 dated 16 March 2020.

(d)"Due Date" means the maturity date of the principal and/or interest, including amortizations falling within the ECQ Period. RULEIII MANDATORY GRACE PERIOD

Section 3

01 Mandatory Grace Period.All Covered Institutions shall implement a 30-day grace period for all loans with principal and/or interest falling due within the ECQ Period without incurring interest on interest, penalties, fees and other charges. The initial 30-daygrace period shall automatically be extended if the ECQ period is extended by the President of the Republic of the Philippines pursuant to his emergency powers under the Bayanihan to Heal as One Act.

ection 3.02 Non-application of interests, fees and charges to future payments.All Covered Institutions shall not charge or apply interest on interest, fees and charges during the 30-day grace period to future payments/amortizations of the individuals, households, micro, smalland medium enterprises (MSMEs).and corporate borrowers.

Section 3

03.Prohibition on waivers.Covered institutions are prohibited from requiring their clients to waive the application of the provisions of the "Bayanihan to Heal as One Act", including among others, the mandatory 30-day grace period. No waiver previously executed by borrowers covering payments falling due during the ECQ Period shall be valid. Nonetheless, the grant of grace period by the above-mentioned Covered Institutions shall not preclude the borrowers from paying their obligations as they fall due during the period of ECQ should they so desire.

RULE IV SCOPE OF APPLICATION

Section 4

01 Coverage.The mandatory thirty (30)-day grace shall apply to all loans with principal and/or interest, falling due within the ECQ Period. Loans shall mean loans extended by Covered Institutions to individuals, households, MSMEs, corporate borrowers, and other counterparties.

Section 4

02.Application to multiple loans.The mandatory 30-day grace period shall apply to multiple loans of individuals and entities, with principal and/or interest falling due within the ECQ Period. The grace period shall apply to each loan.

RULE V EFFECT OF THE GRACE PERIOD

Section 5

01.Relief for loans.Borrowers whose loan/s with principal and/orinterest falling due within the ECQ Period shall be entitled to avail of the 30-day grace period without incurring interest on interest, penalties, fees and other charges. For this purpose, no additional DST shall be imposed as a consequence of the relief so granted. Further, no DST shall be imposed on credit extensions and credit restructuring, micro-lending including those obtained from pawnshops and extensions thereof during the ECQ Period.

Section 5

02.Treatment of accrued interest.The accrued interest for the 30-day grace period may be paid by the borrower on staggered basis over the remaining life of the loan. Nonetheless, this shall not preclude the borrower from paying the accrued interest in full on the new date following the application of the 30-day grace period or extended grace period, as the case may be.

RULE VI PENAL PROVISIONS

Section 6

01.Penalties.Violation of the provisions of these Rules shall be subject to the appropriate penalties set forth in the Bayanihan to Heal as One Act, as well as existing laws, rules and regulations.

RULE VII EFFECTIVITY

Section 7

01.Separability Clause.Should any provision herein be declared unconstitutional or contrary to law, the same shall not affect the validity of the other provisions of these Rules.

Section 7

02.Effectivity.These Rules shall take effect immediately upon publication.

The Office of the National Administrative Register (ONAR) of the UP Law Center shall be provided three (3) certified copies of these Rules.

(SGD.)CARLOS G. DOMINGUEZ Secretary

APR 01 2020

For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.

In plain language

Section 1. Short Title

Section 2. State of National Emergency

Section 3. Declaration of Policy

Section 4. Authorized Powers

Section 5. Reports to Congress and Creation of anOversight Committee

Section 6. Penalties

Section 7. Construction or Interpretation

Section 8. Separability

Section 9. Effectivity

Section 1

Section 1

Section 1

Section 1

Section 2

Section 3

Section 3

Section 4

Section 4

Section 5

Section 5

Section 6

Section 7

Section 7