(NAR) VOL. 7 NO. 3 / JULY-SEPTEMBER 1996
"(14) To protect the interest of the government, the Bank hereby authorizes:This amendment shall take effect immediately.
(a) the BSP through Accounting Department, to debit its demand deposit accounts corresponding to the total daily collections due for remittance on DAY 6 or 5 CALENDAR DAYS after the date of collection OR RECEIPT OF TAX PAYMENT, such amount to be credited by BSP to the "Special Account-BIR Collection" of the Treasury of the Philippines."