Practice question
Can reciprocity under Section 25 of RA 11659 be satisfied by rights of similar value in other economic sectors?
- No; only identical rights in the same service count.
- No; only a constitutional amendment can establish reciprocity.
- Yes; the statute expressly recognizes this possibility.
- Yes; any unrelated private purchase automatically suffices.
- Yes; reciprocity means that the investor chooses its own ceiling.
Legal references
- RA 11659, Section 25; https://lawphil.net/statutes/repacts/ra2022/ra_11659_2022.html
- 2023 IRR of RA 11659, Section 45; https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/97017
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