Practice question
Under IRR Section37(a), when may parties voluntarily declare a qualifying proposed investment for national-security review relative to executing the relevant agreements?
- At least thirty calendar days before execution.
- Only ten years after completion.
- Only after every agreement has been irreversibly implemented.
- Only at the first annual shareholders' meeting after acquisition.
- Whenever a competitor chooses, with no reference to the rule.
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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