Practice question
A Monetary Board member has a personal pecuniary interest in an agenda matter and proposes merely to keep silent while remaining in the discussion. Apply section 14's disclosure, withdrawal and record requirements.
Legal references
- New Central Bank Act, RA 7653, sections 6, 14–15, https://lawphil.net/statutes/repacts/ra1993/ra_7653_1993.html
- RA 11211, sections 2–3 amending New Central Bank Act sections 3 and 11, https://lawphil.net/statutes/repacts/ra2019/ra_11211_2019.html
Answer this question in flashcards to review your response and continue practicing.