Title
SEC Records Services Fee Policy for Gov't Agencies
Law
Sec Memorandum Circular No. 8, S. 2000
Decision Date
Jun 5, 2000
The SEC establishes a framework for government agencies to access company records while outlining fee exemptions and conditions for researchers, ensuring timely public access and efficient service.

Fees and Charges for Records Services

  • The SEC imposes fees to cover administrative and operational costs: Records Service Fee, Authentication (CTC) fee, Photocopying, Copying and Printing fee, and Certification fee.
  • Fee schedules are officially published by the Commission in a Records Service Fee bulletin.

Exemptions for Government Researchers

  • Government researchers are exempted from Records Service Fee, Authentication fee, and Certification fee.
  • This exemption excludes personnel from government-owned and controlled corporations.
  • Official endorsement must be presented, signed by an official no lower than a Division Chief.

Cost Responsibilities for Copying and Printing

  • Government agencies generally bear all costs for copying and printing due to the limited SEC budget.
  • Exceptions where SEC bears costs include:
    • Court-issued subpoenas.
    • Requests from government offices outside Metro Manila, limited to company profiles of two or fewer entities.
    • Agencies providing their own supplies and manpower for reproduction, provided documents are not certified or used in court.
    • Urgent investigations as determined by the Commission.

Procedures for Serving Government Researchers

  • Government researchers are served on a first come, first served basis at the Primary Staff Research Unit located at the SEC Building basement.
  • Requests involving more than five corporations or requests for computer-based data and statistics require scheduling.

Effectivity and Compliance

  • The memorandum circular takes immediate effect upon issuance for guidance of all concerned parties.

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