Practice question
What collective capital limit does Section 24 state for sovereign wealth funds and independent pension funds of each state in the covered public services?
- 5%
- 15%
- 30%
- 75%
- 100%
Legal references
- RA 11659, Sections 2(g) and 24; https://lawphil.net/statutes/repacts/ra2022/ra_11659_2022.html
- 2023 IRR of RA 11659, Section 44; https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/97017
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