ADVISORY ON THE IMPLEMENTATION OF IRR 4 (AA) OF THE REPUBLIC ACT NO. 11469, OTHERWISE KNOWN AS THE “BAYANIHAN TO HEAL AS ONE ACT”
The Department of Finance (DoF) has issued on April 1, 2020 the implementing rules and regulations (IRR) of RA 11469, otherwise Known as the "Bayanihan to Heal As One Act" which directs all lenders to grant a 30-day grace period or extension for the payment of all loans, falling due within the enhanced community quarantine (ECQ) period, without imposing interest on interest or any additional charges and fees on the borrowers. The IRR took effect on April 2, 2020, following its publication in newspapers.
Implementation of Loan Payment Refund for April and Loan Moratorium
Reviewed by Teachers Click
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April 14, 2020
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Reviewed by Teachers Click
on
April 14, 2020
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