LETTER OF INSTRUCTIONS NO. 262

TO    :    All Heads of Department, Agencies and Offices of the Government and others concerned

SUBJECT    :    Submission by Public Officers of Statement of Assets, Liabilities and Net Worth as of December 31, 1974

In pursuance of the program of reform in the Government under the New Society which was, among others, overwhelmingly endorsed by the people in the referendum held on February 27, 1975, and consistent with the guarantees provided in the different tax amnesty decrees, it is thereby directed that 

1.     Every public officer shall prepare and file, in the prescribed form (Annex "A") a sworn statement of assets, liabilities and net worth as of December 31, 1974, which shall include the assets, liabilities and net worth of the spouse and unmarried children below twenty-one years of age as of that date; Provided, That every public officer who is —

a.     A chief of Section or above; or

b.     Occupying a position allocated to range 51 or above, whether chief of section or not; or

c.     Holding the rank of sergeant or above, in case of the military; or

d.     an officer or member of a law enforcement agency of the government

a.     A statement of assets, liabilities and net worth as of December 31, 1974; and 

b.     A statement of assets, liabilities and net worth as of December 31, 1965, or as of the date the public officer entered the government service, whenever date is later; Provided, That in case the public officer had availed of tax amnesty, the statement of assets, liabilities and net worth shall be as of -

1)     December 31, 1971, if the public officer availed of tax amnesty under Presidential Decree No. 23 only; or

2)     December 31, 1972, if the public officer availed of the tax amnesty under Presidential Decree Nos. 23 and 157, and/or Presidential Decree Nos. 213 and 370; or

3)     December 31, 1973, if the public officer availed of the tax amnesty under Presidential Decree No. 631.

a.     "Government" includes the national government, the local governments, the government-owned and government-controlled corporations, and all other instrumentalities or agencies of the Republic of the Philippines and their branches. 

b.     "Public Officer" includes elective and appointive officials, including barangay heads, and employees, permanent or temporary, whether in the classified or unclassified or exempt service receiving compensation, even nominal, from the government as defined in the preceding subparagraph.

c.     "Assets" include any property, real or personal, tangible or intangible, whenever situated, to the extent of the cost or interest therein of the public officer, his spouse and unmarried children below twenty-one years of age.

d.     "Liabilities" are legitimate and enforceable obligations reducible in terms of money and existing as of the date of the statement of assets, liabilities and net worth required herein.

e.     "Net Worth" is the difference between the total assets and the total liabilities.

Annex "A"

SWORN STATEMENT OF ASSETS, LIABILITIES AND NET WORTH
As of December 31, 1974
(Required by Letter of Instruction No.___)

Name of Public Officer _________________ Position ________________ Address _________________________________________________________ Name and Address of Office _________________________________________ Civil Status _______________________________________________________ Name of Spouse _________________________________________________ Unmarried Children below 21 years of age:

Name    Date of Birth 1.____________________________   _________________________ 2.____________________________   _________________________ 3.____________________________   _________________________ 4.____________________________                            _________________________

   ............................................................................

ASSETS
        Nature                Cost

Personal Properties.
_______________________    P_____________
_______________________       _____________
_______________________       _____________
_______________________       _____________
    Total                 P_____________

Real Properties:
________________________    P_____________
________________________       _____________
________________________       _____________
________________________       ______________
    Total                 P______________
TOTAL ASSETS             P______________

LIABILITIES

    Nature                Amount
________________________    P______________
________________________      _______________
________________________      _______________
________________________      _______________
                      _______________
TOTAL LIABILITIES         P______________

NET WORTH (Total Assets Less Total Liabilities) P________

I hereby certify that this is a true statement of my assets, liabilities, and net worth as of December 31, 1974, and includes assets, liabilities, and net worth of my spouse and unmarried children below 21 years of age as of that date, as required by and in accordance with Letter of Instruction No. 262 dated March 31, 1975. 

Date _______________, 1975.    _______________________

Signature of Public Officer
TAN:
Res. Cert. No. A-_________________ B _______________
Issued at ________________________     _______________
Date Issued ______________________    _______________

Subscribed and sworn to before me this ____________ day of ______________________, 1975, affiant exhibiting to me his Residence Tax Certificates as indicated above.

_________________________
Person Administering Oath

Annex "B"

SWORN COMPARATIVE STATEMENT OF ASSETS, LIABILITIES AND NET WORTH
As of December 31, 1974 and _____________, 19______
(Required by Letter of Instruction No. 262)

Name of Public Officer _________________ Position ________________ Address ________________________________________________________ Name and Address of Office _________________________________________ Civil Status ___________________ Name of Spouse ______________________ Unmarried Children below 21 years of age:

    Name    Date of Birth
1. ____________________    ______________________
2._____________________    ______________________
3._____________________    ______________________
Tax Amnesty Availed of _____________________________________
    (State Presidential Decree No. or Nos)
Tax Amnesty File No. _______________________________________

   ............................................................................

ASSETS

    Nature    Cost
Personal Properties:___19__December 31, 1974 Increase/Decrease
_______________________ P_________ P___________ P__________      _______________________    _________   ___________   __________      _______________________    _________   ___________   __________
 Total      P_________  P__________ P__________
     Real Properties:
_______________________ P_________ P___________ P__________      _______________________    _________   ___________   __________      _______________________    _________   ___________   __________
 Total    P_________   P__________ P__________
TOTAL ASSETS           P__________ P           P           

LIABILITIES

    Nature     Amount
_______________________ P_________ P___________ P__________      _______________________    _________   ___________   __________      _______________________    _________   ___________   __________
 TOTAL LIABILITIES       P_________   P__________ P__________

NET WORTH      P__________ P  _________ P___________

I hereby certify that this is a true comparative statement of my assets, liabilities and net worth as of December 31, 1974, and as of ________________________, 19 _____, which includes the assets, liabilities, and the net worth of my unmarried children below twenty-one years of age as of this date, as required by and in accordance with Letter of Instruction No. 262 date March 31, 1975.

Date ___________________     _______________________
    Signature of Public Officer

    Tax Account No. __________
Res. Cert. No. A-_________________ B _______________
Issued at ________________________     _______________
Date Issued ______________________    _______________

Subscribed and sworn to before me this ________ day of _______________________1975, affiant Exhibiting to me his/her Residence Tax Certificates as indicated above.

________________________
Person Administering Oath

Since 19.07.98.