Guide to the Magna Carta for Micro Small and Medium Enterprises

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Sec. 16. Repealing Clause. — All laws, executive orders, rules<strong>and</strong> regulations, or parts <strong>the</strong>reof, inconsistent herewith are hereby repealedor modified accordingly.Sec. 17. Effectivity. — This Act shall take effect upon its approval.Approved: January 04, 1991113
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Guide to theMagna Carta for Micro,
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TABLE OF CONTENTSPrefacePageMagna C
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“i) assuring a balanced and susta
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SEC. 5. Guiding Principles. — To
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SEC. 7-A. Composition. — The Coun
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h) To promote the productivity and
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ii. Streamline registration process
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programs to assist MSMEs in all are
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) actual subscription of preferred
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Penalties on noncompliance shall be
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The State recognizes that MSMEs hav
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financial institutions to open cred
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to the Executive Committee of the s
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Rule 5Guiding PrinciplesSECTION. 1.
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Rule 7Micro, Small and Medium Enter
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especially when such agency or priv
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Sec. 3. Coordination and Integratio
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Sec. 9. Promotion of Productivity a
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groups. The MSMEDC shall also ident
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the gender responsiveness framework
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to assist MSMEs in all areas, inclu
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and currently enjoyed by employees
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from government owned or controlled
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period of time, to ensure that appr
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Representatives who shall be nomina
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shall have the option to convert th
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Bangko Sentral ng PilipinasOFFICE O
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of previous quarter, and make it av
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c) Alternative compliance for eithe
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“Subsection X365.5. Incentives to
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60MSME Report
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62Main Report
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70Schedule 2
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“a) intensifying and expanding pr
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“d) it must not be a branch, subs
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‘b) Secretary of the Interior and
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“h) To promote the productivity a
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“f) Set-up new MSME centers and r
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SEC. 14. A new sub-section is inser
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“b) To extend all forms of financ
Page 188: for micro and small enterprises and
Page 192: “The COC-MSMED shall set the guid
Page 196: S. No. 1283H. No. 9069Republic of t
Page 200: annually: Provided, That prices and
Page 204: members shall be the following:“(
Page 208: “(4) to prepare, collate and inte
Page 212: “(3) a representative from each o
Page 216: REPUBLIC ACT NO. 6977AN ACT TO PROM
Page 220: (b) one hundred percent (100%) owne
Page 224: Sec. 7. Composition. — The Counci
Page 228: (i) to promote the productivity and
Page 232: (3) to assist the Council in coordi
Page 236: Government Service Insurance System
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Guide to the Magna Carta for Micro Small and Medium Enterprises

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