(NAR) VOL. 12 NO. 2 / JANUARY - MARCH 2001
"3. Unutilized Balance of Deposits"These guidelines shall take effect on August 1, 1999.
"a. Balances of deposit amounting to less than P 100.00 shall be forfeited in favor of PPA if unutilized within 45 days from date of covering OR."
"b. Balances of P100.00 and above but less than P500.00 shall be forfeited in favor of PPA if unutilized within 60 days from date of covering OR."
"c. Balances of P500.00 and above if unutilized for more than 90 days from date of covering OR shall become deferred credits to income. Subject balances can no longer be refunded but can only be applied against other charges within 120 days from the date of covering OR. Thereafter, it shall be forfeited in favor of PPA as miscellaneous income.