Practice question
An official facing the applicable divestment requirement transfers shares to a sibling within the statutory relative category and retains a private right to control them. Does a new certificate name alone establish statutory divestment?
- Only the certificate’s color matters
- Yes, any relative’s name is enough
- Yes, retained control always proves complete dispossession
- No
- A family transfer is expressly mandatory
Legal references
- RA6713 Sections3(i)-(k) and9, conflict and divestment: https://lawphil.net/statutes/repacts/ra1989/ra_6713_1989.html
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