Memorandum Order No. 123




MALACAÑAN PALACE MANILA BY THE PRESIDENT OF THE PHILIPPINES [ Memorandum Order No. 123, October 19, 1987 ] APPROVING REVISED CENTRAL BANK CIRCULAR NO. 1111, SERIES OF 1987 Pursuant to the provisions of Executive Order No. 32, and of existing laws, Revised Central Bank Circular No. 1111, as recommended by the Monetary Board in its Resolution No. 1024 dated October 19, 1987, is hereby approved.1aшphi1 This Memorandum Order shall take effect immediately. (Sgd.) CORAZON C. AQUINO October 20, 1987 The Lawphil Project - Arellano Law Foundation