PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES
REPUBLIC ACTS
| REPUBLIC ACT NO. 898 - AN ACT
AMENDING REPUBLIC ACT NUMBERED TWO HUNDRED SEVENTY-FIVE FIXING THE
SALARIES OF THE INSURANCE COMMISSIONER AND THE ASSISTANT INSURANCE
COMMISSIONER |
| Section 1.
Section one of Republic Act Numbered Two hundred seventy-five is hereby
amended to read as follows: "Section 1. The
bureau heretofore called the Bureau of Banking shall hereafter be known
as the Office of the Insurance Commissioner and the Bank Commissioner
and the Assistant Bank Commissioner shall hereafter be called
respectively the Insurance Commissioner and the Assistant Insurance
Commissioner. The Insurance Commissioner shall receive an annual salary
of ten thousand pesos and the Assistant Insurance Commissioner, seven
thousand two hundred pesos."
Sec. 2. This Act shall take effect upon its approval. Approved: June 20, 1953 |