(NAR) VOL. 20 NO.3 / JULY - SEPTEMBER 2009
Failure to notify this Authority shall subject the accredited enterprise to the following fines and penalties, and without prejudice to the suspension or cancellation of their accreditation with this Authority.
1st offense - P50,000.00
2ndoffense - 75,000.00
3rdoffense - 100,000.00
This Circular shall take effect fifteen (15) calendar days after its publication once in a newspaper of general circulation.
Adopted: 19 July 2009
By Authority of the Board:
(SGD.) MARIA ELENA H. BAUTISTA
Administrator