Practice question
A researcher copies the original1993 indemnification text into a current Monetary Board briefing. Explain why RA11211 Section4 must be consulted. Discuss the amended exclusion, settlement advice and advances with an undertaking, without claiming indemnification is unconditional.
Legal references
- RA11211 amendments to RA7653: https://lawphil.net/statutes/repacts/ra2019/ra_11211_2019.html Section4 amending Section15(e).
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