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SEC. 4. Repealing Clause. All laws, decrees, executive orders, rules and regulations,
issuances or any part thereof inconsistent with the provisions of this Act are hereby
repealed or amended accordingly.
SEC. 5. Effectivity. This Act shall take effect fifteen (15) days following its publication
in the Official Gazette or in at least two (2) national newspapers of general circulation.
Approved,
(SGD.)
FELICIANO
BELMONTE
JR.
SPEAKER
OF THE
HOUSE OF
REPRESENTATIVES
(SGD.) JUANOF
PON
PRESIDENT
TH
This Act which is a consolidation of Senate Bill No. 2946 and House Bill No. 4357 was
finally passed by the Senate and the House of Representatives on October 10, 2011
and October 12, 2011, respectively.