Uniform Value of Philippine Currency Act

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Republic Act No. 529: Uniform Value of Philippine Currency Act

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Title Source: Supreme Court: Uniform Value of Philippine Currency Act

Law: Republic Act No. 529

Decision Date: Jun 16, 1950

Republic Act No. 529 ensures that Philippine coin and currency have a uniform value, prohibiting any provision in obligations that allow payment in gold, specific coins or currencies, or different currencies, and making all coin and currency issued by the Government legal tender for all debts.

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