Legal basis and amendment scope
- Presidential Decree No. 707 amends Section 1 of R.A. 2338.
- The amendment operates to the contrary notwithstanding, meaning the revised reward limitation controls over inconsistent parts of R.A. 2338.
- The decree’s coverage is limited to the rule on informer rewards in R.A. 2338, Section 1.
Reward limitation for qualified informers
- Section 1 limits the reward authorized to be paid to qualified informers.
- The limited reward equals the sum equivalent to five (5%).
- The 5% is computed based on realized revenues collected and accounted for as a result of the information furnished.
- The computation also includes surcharges collected and accounted for as a result of the information furnished.
- The computation also includes compromises collected and accounted for as a result of the information furnished.
- The computation also includes penalties established by law collected and accounted for as a result of the information furnished.
- The limitation applies “to the contrary notwithstanding,” overriding inconsistent reward provisions in R.A. 2338.
Repeal or modification of inconsistent laws
- Section 2 provides that all laws, acts, decrees, orders, and regulations inconsistent with Presidential Decree No. 707 are considered repealed and/or modified accordingly.