[ LETTER OF INSTRUCTIONS NO. 274, May 09, 1975 ]

TO:
ALL HEADS OF DEPARTMENTS, AGENCIES AND OFFICES OF THE GOVERNMENT AND OTHERS CONCERNED.
 
SUBJECT:
Amending par. I of LOI No. 262, re Submission by Public Officers of Statement of Assets, Liabilities, and Net Worth as of December 31, 1974.

In line with the government policy to hold public officers accountable in accordance with their degree of responsibility and for purposes ox manageability, paragraph 1 of Letter of Instructions No. 262 dated March 31, 1975 is hereby amended to read as follows:
"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, 1971, which shall include the assets, liabilities and net worth of the spouse and unmarried children below twenty-one years of age es of that date; Provided, That every public officer who is—
  1. A chief of Section or above; or
  2. occupying1 a position allocated to range 51 or above, whether chief cf section or net;  or
  3. holding the rank of sergeant or above, in case of the military or
  4. HOLDING THE RANK OF SERGEANT (OR EQUIVALENT THERETO) OR ABOVE IN THE CASE OF A LAW ENFORCEMENT AGENCY OF THE GOVERNMENT.
shall prepare and file, in the prescribed form (Annex "B"), a sworn comparative statement of assets, liabilities and net worth, as provided in Paragraph 2 hereof, which shall also include the assets, liabilities and net worth of the spouse and unmarried children below   twenty-one years of age."
Done in the City of Manila, this 9th day of May, in the year of Our Lord, nineteen hundred and seventy-five.

(Sgd.) FERDINAND E. MARCOS
President
Republic of the Philippines