Notable Regulations Issued June 2011

Here are some notable regulations issued June 2011:

1.     Revenue Regulations No. 02-11 – Amendment to Revenue Regulations No. 3-2011 Providing for the Policies, Guidelines and Procedures on the Application for Change in Accounting Period Under Section 46 of the National Internal Revenue Code;

2.     SEC Memorandum Circular No. 04-2011 – Amendment of SRC Rule 9.2(2)(D);

3.     Executive Order No. 44  – Amending Executive Order No. 571 (s.2006) Renaming the Public-Private Sector Task Force on Philippine Competitiveness Council (NCC) and Expanding Its Membership; and

4.     Executive Order No. 45 – Designating the Department of Justice as the Competition Authority.

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