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SEVENTEENTH CONGRESS OF THE REPUBLIC
OF THE PHILIPPINES K-rRECEIVED?:\
First Regular Session 5 0 oatG: 'E _ L 0 1 * '
TIMG.'-jZ L S I
SENATE f
Senate Bill No. 47 b y;
BILLS V In d e :
EXPLANATORY NOTE
Under this law, all deposits are strictly confidential and may not be
inquired or looked into except on the following grounds: upon permission of
the depositor; in cases of impeachment; upon order of a competent court in
cases of bribery or dereliction of duty; and in cases where the money deposited
or invested is the subject matter of litigation.
P A N F II^ w t LACSON
Senator