ADMINISTRATIVE ORDER NO. 104, February 26, 1955

AMENDING ADMINISTRATIVE ORDER NO. 1, DATED JANUARY 5, 1954, BY MODIFYING THE FORM OF THE STATEMENT OF FINANCIAL ASSETS AND LIABILITIES REQUIRED TO BE SUBMITTED.

In order that the statement of assets and liabilities required of government officials and employees by Administrative Order No. 1, dated January 5, 1954, may give a better classification according to the kind or nature of the assets and liabilities reported and so as to reflect any increase or decrease thereof, I, RAMON MAGSAYSAY, President of the Philippines, by virtue of the powers vested in me by law, do hereby order that the statement of assets and liabilities to be submitted to the offices concerned shall be in accordance with the following prescribed form:

“Sworn declaration of financial condition, assets and liabilities for the year ending _____, 195___, as required by Administrative Order No. 1, dated January 5, 1954.

I, __________, appointed to the position of _______ in the _______, declare under oath that, as of January 1, 195___, the following real and personal properties, bank deposits, interests (direct or indirect) in business, and other assets, as well as the liabilities and other obligations hereunder stated, appear in my name and/or in that of my wife (or husband):

Name

Kind & Description

Last Declaration

This Declaration

Increase (Decrease)

A S S E T S

I Real Property

_____________ _____________ ______________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ ______________ _____________ _____________ ____________

II Personal Property

_____________ _____________ ______________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ ______________ _____________ _____________ ____________

III Investment

_____________ _____________ ______________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ ______________ _____________ _____________ ____________

IV Bank Deposits and Other Savings

_____________ _____________ ______________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ ______________ _____________ _____________ ____________

Total Assets ============ ============ ============

L I A B I L I T I E S

I Accounts Payable

_____________ _____________ ______________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ ______________ _____________ _____________ ____________

II Loans Payable

_____________ _____________ ______________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ ______________ _____________ _____________ ____________

III Mortgage Payable

_____________ _____________ ______________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ ______________ _____________ _____________ ____________

IV Other Obligations

_____________ _____________ ______________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ _____________ ______________ _____________ _____________ ____________

Total Liabilities ========== ============= =============

Excess of Assets Over Liabilities ========== ============= =============

SUBSCRIBED AND SWORN to before me this _____ day of _____, 195___, affiant exhibiting to me his/her residence certificate No. _____, issued at _______, on _______.

______________________________

(Officer administering oath)”

Done in the City of Manila, this 26th day of February, in the year of Our Lord, nineteen hundred and fifty-five, and of the Independence of the Philippines, the ninth.

(Sgd.) RAMON MAGSAYSAY

President of the Philippines

By the President:

(Sgd.) FRED RUIZ CASTRO

Executive Secretary