An Act to Amend Section Nineteen Hundred Sixty-Eight of the Revised Administrative Code so as to Change in Terms of Pesos, Philippine Currency, Instead of Dollars, United States Currency, the Maximum Amount for Which a Money Order May be Issued
Year:
1947
Category:
Other
Date Approved:
June 7, 1947
Summary
Plain-language AI-assisted summary — not the official text. As of July 1, 2026. Read the full text below or on the official source.
This Act amends Section 1968 of the Revised Administrative Code to specify that the maximum amount for which a money order may be issued is two hundred pesos in Philippine currency, replacing the previous specification of dollars. It aims to standardize the currency used for money orders in the Philippines.Full Text
REPUBLIC ACT No. 119
An Act to Amend Section Nineteen Hundred Sixty-Eight of the Revised Administrative Code so as to Change in Terms of Pesos, Philippine Currency, Instead of Dollars, United States Currency, the Maximum Amount for Which a Money Order May be Issued
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1. Section nineteen hundred and sixty-eight of the Revised Administrative Code is hereby amended to read as follows:
Section 2. This Act shall take effect upon its approval.
Approved: June 7, 1947
"Sec. 1968. Maximum amount payable by money order.— No money order shall be issued for a greater sum than two hundred pesos Philippine currency; and unless specifically authorized by the Director of Posts, no postmaster shall directly or indirectly sell more than ten money orders in one day to one party payable to the same person."
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Republic Acts are laws passed by the Congress of the Philippines. This content is sourced from LawPhil (lawphil.net) for reference purposes. For official and authoritative texts, please refer to the Official Gazette.