Simplification of Deposit System for National Collections

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BOT DEPARTMENT ORDER NO. 52-96: Simplification of Deposit System for National Collections

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Title Source: Supreme Court: Simplification of Deposit System for National Collections

Law: Bot Department Order No. 52-96

Decision Date: May 22, 1996

National Collecting Officers and Local Treasurers are mandated to deposit daily collections into the Treasurer of the Philippines' interest-earning Savings Account with Authorized Government Depository Banks, ensuring compliance with strict reporting and validation procedures to enhance the efficiency of national revenue management.

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