Amendments to Par. 1 of LOI No. 262 (March 31, 1975)
Letter of Instructions No. 274, issued on May 9, 1975, amends the requirements for public officers in the Philippines regarding the submission of their Statement of Assets, Liabilities, and Net Worth (SALNs). Public officers must file a sworn statement as of December 31, 1974, including the financial details of their spouse and unmarried children under 21. Specific categories of public officers, including those in higher ranks or positions, are required to submit a comparative statement in a prescribed format. This amendment aims to enhance accountability among public officials in line with government policies.
May 9, 1975
LETTER OF INSTRUCTIONS NO. 274
| TO | : | All Heads of Departments, Agencies and Offices of the Government and Others Concerned |
| SUBJECT | : | Amending par. 1 of LOI No. 262, re Submission of Public Officers of Statement of Assets, Liabilities, and Net Worth as of December 31, 1974 |
In line with the government policy to hold public officers accountable in accordance with their degree of responsibility and for purposes of manageability, paragraph 1 of Letter of Instructions No. 262 dated March 31, 1975 is hereby amended to read as follows:
"1. Every public officer shall prepare and file, in the prescribed form (Annex "A" a sworn statement of assets, liabilities and net worth as of December 31, 1974, which shall include the assets, liabilities and net worth of the spouse and unmarried children below twenty-one years of age as of that date: Provided, That every public officer who is —
a. A chief of Section or above; or
b. Occupying a position allocated to range 51 or above, whether chief of section or not; or
c. Holding the rank of sergeant or above, in case of the military; or
d. HOLDING THE RANK OF SERGEANT (OR EQUIVALENT THERETO) OR ABOVE IN THE CASE OF A LAW ENFORCEMENT AGENCY OF THE GOVERNMENT.
shall prepare and file, in the prescribed form (Annex "B"), a sworn comparative statement of assets, liabilities and net worth, as provided in Paragraph 2 hereof, which shall also include the assets, liabilities and net worth of the spouse and unmarried children below twenty-one years of age."
DONE in the City of Manila, this 9th day of May, in the year of Our Lord, Nineteen Hundred and Seventy-Five. cdt