[ Commonwealth Act No. 113, November 01, 1936 ]
AN ACT TO AMEND SECTION TWO OF ACT NUMBERED THIRTY-TWO HUNDRED AND NINETY-TWO, AS AMENDED BY SECTION ONE OF ACT NUMBERED FORTY-ONE HUNDRED AND SEVENTY-SIX, BY REQUIRING THAT THE ENTRIES IN JOURNALS AND LEDGERS KEPT IN A LANGUAGE OTHER THAN A NATIVE LANGUAGE, ENGLISH OR SPANISH SHALL BE TRANSLATED INTO A NATIVE LANGUAGE, ENGLISH OR SPANISH, BY THE BOOKKEEPER OR MANAGER WHO SHALL CERTIFY UNDER OATH AS TO THE CORRECTNESS OF SAID TRANSLATION.
Be it enacted by the National Assembly of the Philippines:
Section 1. Section two of Act Numbered Thirty-two hundred and ninety-two, as amended by Act Numbered Forty-one hundred and seventy-six, is hereby amended so as to read as follows:
"Section 2. All such corporations, companies, partnerships, or persons, who, under section one hereof, are required to keep a journal and a ledger, or their equivalents, but who keep such journal and ledger, or their equivalents, in a language other than a native language, English or Spanish, shall make a true and complete translation of all their entries in such journal and ledger, or their equivalents, into a native language, English or Spanish, and the said translation, to form an integral part of the books of account aforesaid, must be made by the bookkeeper of such corporations, companies, partnerships or persons or, in his absence, by the manager thereof, and must be certified to under oath as to its correctness by the said bookkeeper or manager.ℒαwρhi৷"
Section 2. Any part of said Act Numbered Thirty-two hundred and ninety-two, as amended by Act Numbered Forty-one hundred and seventy-six inconsistent herewith, is hereby declared ineffective.
Section 3. This Act shall take effect one year after its approval.
Approved, November 1, 1936.
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