Practice question
State the amended project-specific bond exclusion’s principal requirements and explain why an infrastructure marketing label does not prove them.
Legal references
- RA 12214 (CMEPA), Sections 3-4, 8 and 28, amended NIRC Sections 22, 24 and 32 and transition: https://lawphil.net/statutes/repacts/ra2025/ra_12214_2025.html
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