Legal basis and amended provision
- Section 1 amends Section 11 of Republic Act No. 3019, as amended.
- The prescriptive rule applies to “all offenses punishable under this Act”—meaning offenses punishable under Republic Act No. 3019.
- The Act is an amendment to the anti-graft and corrupt practices prescriptive-period framework in Republic Act No. 3019.
Prescription period increased
- Section 1 provides that all offenses punishable under Republic Act No. 3019 shall prescribe in twenty years.
- The prescriptive period established by Section 1 is twenty (20) years.
- Section 1 changes the prescriptive period from the prior fifteen (15) years benchmark referenced in the Act’s title to twenty (20) years.
Separability
- Section 2 establishes that if any provision of Republic Act No. 10910 is declared invalid, the remaining provisions continue to be valid and subsisting.
Repealing and modifying clause
- Section 3 provides that all laws, executive orders, or administrative orders, rules and regulations, or parts thereof, inconsistent with Republic Act No. 10910 are amended, repealed, or modified accordingly.