REPUBLIC ACT NO. 119, June 07, 1947

[ REPUBLIC ACT NO. 119, June 07, 1947 ]

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 Philippines in Congress assembled:

SECTION 1. Section nineteen hundred sixty-eight of the Revised Administrative Code is hereby amended to read as follows:

"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." SEC. 2. This Act shall take effect upon its approval.

Approved, June 7, 1947.