BOT ORDER NO. 1-99

: The amendment pertains to Treasury Order No. 01-95 dated December 05, 1995.
: It took effect on January 01, 1996.
: Sections 6.2 and 7.0 were amended.
: The amount of the bond shall not exceed Five Million Pesos (P5,000,000.00).
: They shall be bonded only once to cover both accountabilities, but the amount of the bond shall follow the revised schedule (Annex A).
: The premium is one and one-half percent (1.5%) of the amount of the bond but not less than P150.00.
: Approved fidelity bonds are valid for one year.
: The agency must submit to the Bureau of Treasury a list of bonded officials and employees subject to renewal, including attachments: latest BTr transmittal letter approving the original/renewed application, latest statement of assets and liabilities, and an agency certification that the applicant has no pending administrative or criminal case.
: The expired bond is automatically cancelled.
: It took effect on January 01, 1999.