Educational Institutions

August 3, 1990SEC-SMD * MEMORANDUM TO :All Processors      FROM :Olga A. Pacaña      SUBJECT :Educational Institutions  As approved by the Commission in its meeting held on August 2, 1990, the requisite prior stamped "received" by the Bureau of Internal Revenue on the submission of audited financial statements for NON-STOCK, NON-PROFIT EDUCATIONAL INSTITUTIONS is now dispensed with, corollary to the provisions of the 1987 Constitution of the Philippines particularly Art. XIV Sec. 4 (3). LibLex  (SGD.) OLGA A. PACAÑAOfficer-In-ChargeSupervision and Monitoring Department* Supervisory and Monitoring Department; now Company Registration and Monitoring Department