(NAR) VOL. 14 NOS. 1-2 / APRIL - JUNE 2003
"(8) Loans secured by the National Food Authority's Palay Negotiable Warehouse Receipts (PNWRs): Provided, that the PNWRs shall be printed on security paper by the Bangko Sentral ng Pilipinas."
This circular shall take effect immediately.
Adopted: 25 April 2003
(SGD.) AMANDO M. TETANGCO, JR.
Officer-in-Charge