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Republic Act
Approved June 20, 1953

Republic Act No. 952

An act to increase the fees now charged by the securities and exchange commission and to authorize it to collect and receive fees for certain services.

AN ACT TO INCREASE THE FEES NOW CHARGED BY THE SECURITIES AND EXCHANGE COMMISSION AND TO AUTHORIZE IT TO COLLECT AND RECEIVE FEES FOR CERTAIN SERVICES.

In plain language

The act increases fees charged by the Securities and Exchange Commission, authorizes it to collect and receive fees for various corporate and partnership services, defines new fee structures, repeals conflicting laws, and sets the effective date.

  • Fee structure for incorporation, capital stock changes, by-laws, and partnership filings.
  • Fees for exemptions, decreased capital stock, bonded indebtedness, and director changes.
  • Repeal of laws conflicting with this act.
  • Effective date fifteen days after approval.
Finance
Regulation
SEC
Fees

[ REPUBLIC ACT NO. 952, June 20, 1953 ]

AN ACT AMENDING REPUBLIC ACT NUMBERED SIX HUNDRED SEVENTY

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

Section 1

Item three, section one, of Republic Act Numbered Six hundred seventy, regarding public works projects for the Province of Rizal, is hereby amended to read as follows:

| For the asphalting of Haig Street, from the corner of Shaw Boulevard and Haig, going northward up to the corner of General Kalentong Street | P3,000.00. | |

Section 2

This Act shall take effect upon its approval.

Approved, June 20, 1953.

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.