Prohibiting Defacement of Philippine Currency

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PRESIDENTIAL DECREE NO. 247: Prohibiting Defacement of Philippine Currency

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Title Source: Supreme Court: Prohibiting Defacement of Philippine Currency

Law: Presidential Decree No. 247

Decision Date: Jul 18, 1973

Presidential Decree No. 247 prohibits and penalizes the defacement, mutilation, tearing, burning, or destruction of Philippine Central Bank notes and coins, emphasizing the importance of preserving the currency's integrity and lifespan to maintain the stability of the financial system and promote economic growth.

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