(NAR) VOL. 25 NO. 3 / JULY - SEPTEMBER 2014
The monthly withdrawal report, attached as Annex B*, will be submitted both in hard and soft copy (excel format in CDs or flash drives) every 25th day of the following month. A basic fine of Php5,000.00 plus Php500.00 for each day of delay shall be imposed pursuant to Circular Letter (CL) No. 2014-15 dated 15 May 2014.
For strict compliance
(SGD) EMMANUEL F. DOOC
Insurance Commissioner
* Text Available at the Office of the National Administrative Register, U.P. Law Complex, Diliman, Quezon City.