AN ACT ESTABLISHING ENVIRONMENTAL UNITS IN EVERY BANKING INSTITUTION TO ASSESS THE ENVIRONMENTAL COMPONENT OF LOAN APPLICATIONS

AN ACT REQUIRING AUDITED FINANCIAL STATEMENTS SUBMITTED TO TAX AUTHORITIES AS MINIMUM SECURITY REQUIREMENTS FOR BANK LOANS, AMENDING FOR THE PURPOSE SECTION 40 OF REPUBLIC ACT NO. 8791, OTHERWISE KNOWN AS THE GENERAL BANKING LAW OF 2000.