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(NAR) VOL. 21 NO.2 APRIL - JUNE 2010
[ IC CIRCULAR LETTER NO. 14-2010, March 24, 2010 ]
FILING OF 2009 ANNUAL STATEMENTS (FOR TRUSTS FOR CHARITABLE USES)
I. The Annual Statement showing the financial condition as of December 31, 2009 shall be signed and sworn to by the members of the board of trustees including the president, secretary, treasurer and chief accountant.
II. Enclosed is one (1) blank form of the prescribed Annual Statement to be accomplished and submitted in duplicate copies.
III. Care must be taken to reflect correct figures only.
IV. The filing fee is ten pesos (P10.00) with five hundred pesos (P500.00) penalty for each day of delay.
Please file your 2009 Annual Statements on or before April 30, 2010 to avoid penalty.
(SGD.) SANTIAGO JAVIER RANADA
Insurance Commissioner