Republic Act No. 0023
Republic of the Philippines
REPUBLIC ACT NO. 0023
AN ACT TO AMEND SECTION EIGHT OF ACT NUMBERED FORTY-ONE HUNDRED AND NINE, AS AMENDED, ENTITLED, "AN ACT TO CREATE AN ANTI-USURY BOARD, TO PRESCRIBE THE DUTIES AND FUNCTIONS OF THE SAID BOARD AND FOR OTHER PURPOSES"
Section eight of Act Numbered Forty-one hundred and nine, as amended, is hereby amended to read as follows:
- "Sec. 8. In addition to the permanent officials and employees of the Anti-Usury Board and those deled on special duty therewith, members of the Philippine Constabulary, members of the city, municipal and municipal district police, and such rural credit agents and district agronomists of the Bureau of Plant Industry, agents of the Bureau of Internal Revenue, agents of the Bureau of Labor and other persons as may be designated by the Chairman of the Board, are hereby made deputies of the Anti-Usury Board. The officials, employees, agents and deputies mentioned shall be peace officers, with full authority to enforce the provisions of this Act and the Usury Law, as amended, and the regulations promulgated thereunder, and to arrest offenders against the same."
This Act shall take effect upon its approval.