Practice question
Explain why possession of ordinary authorized banking software is not automatically Section9(r) fraud, while proved possession of a component used to perpetrate the listed acts may be covered.
Legal references
- RA11449 Section3, amended RA8484 Section9(r); retained RA8484 Sections13 and17: https://lawphil.net/statutes/repacts/ra2019/ra_11449_2019.html ; https://lawphil.net/statutes/repacts/ra1998/ra_8484_1998.html
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