Practice question
A foreign investor submits apostilled documents that contain no reciprocal investment right for Philippine nationals. It says authentication conclusively proves reciprocity. Which is correct?
- Every apostille automatically grants Philippine nationals foreign investment rights.
- Authentication alone does not establish the required substantive reciprocal rights.
- The agency must disregard document contents once a seal appears.
- Apostilled documents can never be examined in the Philippines.
- An apostille automatically converts the investor into a Philippine national.
Legal references
- RA 11659, amending CA146, public-utility definition and national-security safeguards: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/94539
- Signed March 20, 2023 implementing rules of RA11659, Sections 5-7 and 32-45: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/97017
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