BSP Circular Letters BSP Circular LetterBSP Circular Letter 2005-03-02T00:00:00.000+08:00

Citizenship Retention and Re-acquisition Act of 2003

inas

OFFICE OF THE DEPUTY GOVERNOR SUPERViSION AND EXAMINATION SECTOr

CIRCULAR LETTER

TO Under BSP Supervision All Banks and Non-Bank Financial institutions

as the "Citizenship Retention and Re-acquisition Act of 2003" which provides that former Fitipinos who remain or re-acquire Philippine citizenship thereunder shall enjoy full civil and politicat rights and shall be subiect to atl attendant liabilities and responsibilities under existing laws of the Philippines and to the conditions prescribed under Section 5 hereof. We are furnishing you a copy of Republic Act No. 9225 otherwise known

For your guidance/reference.

ALBERTO V. REYES Deputy Governor

Att.: A/S

2 March 2005

Pananalaping Matatag, Bansang Panatag

A. Mabini St., Malate 1004 Manita, Philippines Trunkline (632) 524-70-11 URL:www.bsp.gov.ph e-mail: [email protected]

H Hla 4720 3. 7a 2130 Repubtic af the Hhuippines

Hongress pf the philippines

etro Hxuilx

wrifth aangrraa

Eutrn Rrgular Besaian

Bagun and heid in Mo{ro Manila, on Monday, tha twonty-eighth day Ot Juty, two thousand threo.

I REPuBLIC ACt NO. G225 I Id

AN ACt MAKING THE CITIT T:SHIP OF PHILIPPINE

PERMANENT. AMEI... ING FCT FOR OTHER PURPOSES CITIZENS W. COMMONWEALTH ACT NO. 63, AS AMENDED, AND -CQL RE FURERTN YIT"TTAIEINP : TURPOSE

Be it enacted by the Senate ard the House of Represeniatives Of the Piritippines in Congress assembled:

under ths conditions of ihis Act. country shali be deemed not to bave iost their Philippine citizeuship of the State that all Philippine citixans who bocone citizeas of another "Citizenship Retention and Re-acquisitiou Act of 2003." SEc, 2. Dectarmmon of Pofcy. - I is.herety declared the policy SECTiON I. Shori Tille, - This Act shail bs known as the 2003 09:57AM Sep.

have re-acquired Philippine citizenship upon taking the fotlowing oath naturaliration as citizers of a foreign country are hereby decmed to of lew to' the coutrary notwihstanding natural-born citizens of the of allegiance io the Republic: Philippines who bave lost their Philippino citizenship by reason of their SEc. 3. Retenfton of Phttippine Chizenshin. - Any provison 2

that I will suppont asd defend the Constisunios of the Republic of the Philippines and obey the taws and legal solcmnly swea (or aifirm)

orders promuigated by the duhy consituted authorities"of the Pmliopines; and I hereby deciare that i recognize and aocept the supremo amthority of the Philippines and will maintsin true faith and allegiarce tereio; and thax I impose this obligation upon myself voluotsriiy without mental Teservation or purpose of evasion."

of chis Am. become citizens of a foreign courtry shal rerain their Philippine citizenship upon taking the aforesaid oath. Natural-bom citizens of the Philippines who. after the effectivity

SEC. 4. Dertarfive Citrenship. - The urmarried child, wbether Iegitimate, iliegitimate or adopted, below eighteen (18) years of age, of

shall be" deemed citizens "Of the Philippines. those who ro-acquire Phitippine citizenship upon effectivity of this Act

SEC. 5. Civif ana Political Righis and Ltabitities. - Thox who retsin or re-acquire Phiuippins citizenship under this Act shall enjoy Sul civi and political righs and be subject to all attendant liabilities and responsibilities under existig iaws of the Philippices and the following conditions:

meet`the requiroments under Section f, Articla Vof the (1) Those ioteuding to exercise their right of suffrage mmust

Consritution Republic Act No.9189,otherwise known as The Overseas Absemee Voting Act of 2003" and other existingjaws;

shail meet the qualifications for ho[ding such public office as rexquired by tha Constitudon and existing iaws and, at the time (2) Thoso secking elective public offics in the Philippines

of the fifing of the certiflcate of candidacy,make a personal and swarm renanciation of any and all foreign citizenship before any public officer anhorized to administer an oath:

and swear to an'&ath of allegiance to the Republic of the (3) Those &ppoinied to &ny public office shall subscribe

Philippines and its duly constituted anthorities prior to their assumption of offico: Provided, That they renounca their oath of aliegiance to the country where they took thn cath

Philippines ahall apply wfth the proper authority for & license or permit to engage in such practice, 'and (4) Those intending, to practice their profexsion in the

public office in the Philippines caunoi be exercised by. cr extended to. those who: (S) That right to.vote or be clected or appointed to any

in the country af which they are naniralzed citizenr, and/or (a) are candidaies for of are occupyimg any public office T sU

commissioned gfficers in the arrned forcer of the counary which they are natralizod citizcns. b) are in active service as commisrioned or pon-

Act is held uoconstitutional or irvalid, any other section or provision not affectod thereby ahall remain valid and effective. Sec. 6. Sepxxrabihity Ciause. - If any section of provision of thin

roguietions inconsisteni with thie ptovigiors of this Act are hereby repealed or modifed arcordingly. SEc. 7. Repeling: Clonuse. - All lnw3, deciees, ordes, ruies ad

(15) days followving is publicatiou in the Oifficial Gaeefte or two (2) newspapers of general circulation. SEC. 8. Efecttvity Clause. - This Act stail take effect after fifteen

Aoprcy

JOSE DE VENECIA J Speater of the House Of Represenatives FRA rdent of the Senae LNNDRLON FHX Iy

and and House the This Act, Houre of Representatives BilNo. 4720 was which i3 a consolidatiox of Senste Bil No. 2130 finaliy passed D Augusi 25. 2003 by the Senate ad August 26, 2003, respectivciy.

ctt

Apprave ROKTF Hbuse of Representattves Pedretary General FTO P NAZARENO MS 2 3 2003 Secretary of i OSCAR G. He Senae ABES 01 2003 09:58AM P2 Sep.

GLORIAMACAPAGAYARROYO President of the Philtppines 0

roX Hxagnm + 21895

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