Sunday, January 25, 2009

Bank Notes Of a Hero


EXCERPTS FROM CIRCULAR NO. 61Series of 1995
CONSOLIDATED RULES AND REGULATIONS ON CURRENCY NOTES AND COINS
CHAPTER I
CHAPTER II
REPRODUCTION AND/OR USE OF FACSIMILESOF LEGAL TENDER PHILIPPINE CURRENCY NOTES
Section 8. No person or entity, public or private, shall design, engrave, print, make or execute in any other manner, or utter, issue, distribute, circulate or use any handbill, advertisement, placard, circular, card, or any other object whatsoever bearing the facsimile, likeness or similitude of any legal tender Philippine currency note, or any part thereof, whether in black and white or any color or combination of colors, without prior authority therefore having been secured from the Governor, BSP or his duly authorized representative.
Section 9. The reproduction and/or use of facsimiles or any illustration bearing the likeness or similitude of legal tender Philippine currency notes referred to in the foregoing section may be authorized by the Governor, BSP or his duly authorized representative, for printed illustrations in articles, books, journals, newspapers or other similar materials and strictly for numismatic, educational, historical, newsworthy or other purposes which will maintain, promote or enhance the integrity and dignity of said note, provided, however, that any such facsimile or illustration shall be of a size less than three-fifths (3/5) or more than one and one-half times (1 1/2) times in size of the currency note being illustrated and that there will be no deviation from the purpose for which the notes will be used.
CHAPTER III
REPRODUCTION AND/OR USE OF FACSIMILESOF LEGAL TENDER PHILIPPINE CURRENCY COINS
Section 10. No person or entity, public or private, shall design, engrave, make or execute in any manner, or use, issue, or distribute any object whatsoever bearing the likeness or similitude as to design, color or the inscription thereon of any legal tender Philippine currency coin or any part thereof, in metal form, irrespective of size and metallic composition, without prior authority from the Governor, BSP or his duly authorized representative.
Section 11. The reproduction and/or use of facsimiles or of any object bearing the likeness or similitude of legal tender Philippine currency coins referred to in the foregoing section may be authorized by the Governor, BSP or his duly authorized representative, strictly for numismatic, educational, historical and other purposes which will maintain, promote or enhance the integrity and dignity of said coins.
CHAPTER IV
CHAPTER V
CHAPTER VI
CHAPTER VII
Penalties
Section 25. Any violation of the provisions of Section 8 and 9, Chapter II, and Sections 10 and 11, Chapter III, of this Circular, shall subject the offender to imprisonment of not less than five (5) years, but not more than ten (10) years. In case the Revised Penal Code provides for a greater penalty, then that penalty shall be imposed.

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