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SUBSCRIPTION RATES EFFECTIVE JANUARY 1, 2007

Subscription rates are for issues of the current year and the year immediately preceding. All other prior issues can be purchased as back numbers.

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Subscriptions are payable strictly in advance by certified check, manager's/cashier's check, official check, draft, PPC Postal Money Order, or cash in Philippine or United States currency and remitted to the National Printing Office by registered mail. Personal checks are not accepted in payment for subscription or publication fee.

All letters and payments of subscription should be addressed to the Director of National Printing Office.

Claims for missing numbers must be made immediately upon receipt of the following number.

RATES OF PUBLICATION EFFECTIVE JANUARY 1, 2007

1. Notice of Hearing in Land Registration cases in one publication: a. For one lot

P1,329.10

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3. All other publication of legal notices, patents, copyrights, invitation to bid, notices of application in mining leases, notices of application with the Board of Investments and other similar notices of advertisement:

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Official

EPUBLIKA

NO PILIPINAS

Gazette

REPUBLIC OF THE PHILIPPINES

EDITED AT THE OFFICE OF THE PRESIDENT OF THE PHILIPPINES PURSUANT TO
COMMONWEALTH ACT NO. 638 AS AMENDED BY THE ADMINISTRATIVE CODE OF 1987.
ENTERED AS SECOND-CLASS MATTER, MANILA POST OFFICE, DECEMBER 26, 1905.

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2954

2955

Republic Act No. 10369- An Act

Reconstituting the Kalinga Engineering

District Office in the Province of Kalinga
into two (2) Regular District Engineering
Offices and Appropriating Funds therefor 2963

Republic Act No. 10370- An Act

Establishing a Separate Municipal Circuit

Trial Court Comprising the Municipalities

052395-1

of Buenavista and San Lorenzo in the
Province of Guimaras and Appro-

priating Funds therefor

DECISIONS OF THE SUPREME COURT

Land Bank of the Philippines, Petitioner,
vs. Honeycomb Farms Corporation,

Respondents..

Heirs of Domingo Leaño, represented by
Wilma Leaño and Ponciana Leaño,
plaintiffs-appellees, vs. Claudio Leaño,

Grace Mapile-Eustaquio, defendant-

appellant.

Gulf Pacific Security Agency, Inc.,
Petitioner, VS. Hon. Lourdes M.
Trasmonte, in her capacity as
Undersecretary of the Department of
Labor and Employment, Villamor D.
Basilio, Lilia Camalig, Florentino

Pasicolan, Emerson Acierto, Floresto

Dublon and Annaliza Gonzales,

respondents

2964

Ixxi

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H. No. 6565 S. No. 3123

MGA BATAS REPUBLIKA [REPUBLIC ACTS]

Begun and held in Metro Manila, on Monday, the twenty-third day of July, two thousand and twelve.

REPUBLIC Aст No. 10365

AN ACT FURTHER STRENGTHENING THE ANTIMONEY LAUNDERING LAW, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 9160, OTHERWISE KNOWN AS THE "ANTIMONEY LAUNDERING ACT OF 2001", AS AMENDED

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION 1. Section 3(a) of Republic Act No. 9160, as amended, is hereby amended

to read as follows:

"(a) 'Covered persons', natural or juridical, refer to:

"(1) banks, non-banks, quasi-banks, trust entities, foreign exchange dealers, pawnshops, money changers, remittance and transfer companies and other similar entities and all other persons and their subsidiaries and affiliates supervised or regulated by the Bangko Sentral ng Pilipinas (BSP);

"(2) insurance companies, pre-need companies and all other persons supervised or regulated by the Insurance Commission (IC);

"(3) (i) securities dealers, brokers, salesmen, investment houses and other similar persons managing securities or rendering services as investment agent, advisor, or consultant, (ii) mutual funds, close-end investment companies, common trust funds, and other similar persons, and (iii) other entities administering or otherwise dealing in currency, commodities or financial

derivatives based thereon, valuable objects, cash substitutes and other similar monetary instruments or property supervised or regulated by the Securities and Exchange Commission (SEC);

"(4) jewelry dealers in precious metals, who, as a business, trade in precious metals, for transactions in excess of One million pesos (P1,000,000.00);

"(5) jewelry dealers in precious stones, who, as a business, trade in precious stones, for transactions in excess of One million pesos (P1,000,000.00);

"(6) company service providers which, as a business, provide any of the following services to third parties: (i) acting as a formation agent of juridical persons; (ii) acting as (or arranging for another person to act as) a director or corporate secretary of a company, a partner of a partnership, or a similar position in relation to other juridical persons; (iii) providing a registered office, business address or accommodation, correspondence or administrative address for a company, a partnership or any other legal person or arrangement; and (iv) acting as (or arranging for another person to act as) a nominee shareholder for another person; and

"(7) persons who provide any of the following services:

(i) managing of client money, securities or other assets;

(ii) management of bank, savings or securities accounts;

(iii) organization of contributions for the creation, operation or management of companies; and

(iv) creation, operation or management of juridical persons or arrangements, and buying and selling business entities.

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