Amendment to Section 4.0 of Ministry Order No. 9-87 Dated January 2, 1987 Providing the Rules and Regulations Implementing the Provisions of Paragraph 28 of the Memorandum of Economic Policies Issued September 15, 1986 on Structural Reforms for the Non-Financial Public Corporations

August 18, 1995 DOF DEPARTMENT ORDER NO . 129-95 TO : Treasurer of the Philippines, Heads of Departments, Bureaus and Offices, Government-Owned and/or Controlled Corporations, Government Financial Institutions, Chief of Financial and Management Services, Budget Officers, Chief Accountants/Heads of Accounting Units, Property Officers/Custodians, COA Unit Auditors and Others Concerned SUBJECT : Amendment to Section 4.0 of Ministry Order No. 9-87 Dated January 2, 1987 Providing the Rules and Regulations Implementing the Provisions of Paragraph 28 of the Memorandum of Economic Policies Issued September 15, 1986 on Structural Reforms for the Non-Financial Public Corporations Section 4.0 is revised as follows: SEHTIc 4.0 Exception "The 364-day T/Bill rate shall not be levied and collected where corporations effects payments within 10 days after receipt of billing statements ". This order shall take effect immediately. (SGD.) ROBERTO F. DE OCAMPO Secretary of Finance