Practice question
Who exercises section 23’s power to suspend or prohibit the specified transaction or investment?
- Any private creditor
- The President
- Only a corporate cashier
- Only a customer committee
- Only a foreign embassy
Legal references
- https://lawphil.net/statutes/repacts/ra2022/ra_11659_2022.html — RA 11659, section 23
- https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/97017 — final IRR of RA 11659, national-security review provisions
Answer this question in flashcards to review your response and continue practicing.