Republic Act No. 7 August 9, 1946
AN ACT TO ESTABLISH THE FOREIGN FUNDS CONTROL OFFICE, AND FOR OTHER PURPOSES
Section 1. There is hereby established a Foreign Funds Control Office under the Department of Finance with authority, during the existence of the national emergency resulting from the war or so long as it may be necessary in the public interest, to exercise financial control over, and to investigate, regulate, direct and compel, nullify, void, prevent or prohibit any holding of, or dealing in, or exercising of any right, power or privilege with respect to any property within the Philippines or any transaction involving such property in which any enemy country or national thereof has any interest.
Section 2. The Foreign Funds Control Office is authorized to require any person to keep a full record of and to furnish under oath in the form of reports, or otherwise, complete information relative to any act or transaction referred to in this Act either before, during, or after the completion thereof, or relative to any...
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AN ACT TO ESTABLISH THE FOREIGN FUNDS CONTROL OFFICE
Republic Act No. 7
