Republic from the Philippines

Specialist Regulation Commission rate

Manila

Quality No . 01

Series 2001

RULES AND REGULATIONS TO IMPLEMENT THE

PROVISIONS OF REPUBLIC ACTION NO . 8981,

THE PRC MODERNIZATION WORK OF 2k.

Pursuant to Section 17 of Republic Act No . 8981, the PRC Modernization of Act of 2000, the next rules and regulations are hereby promulgated to put into action the procedures of the stated Act.

Rule I

NAME, POLICY ASSERTION, DEFINITION OF CONDITIONS

Section 1 . Subject. This Rules shall be known as the Rules and Regulations Putting into action the Procedures of Republic Act Number 8981, normally known as The PRC Modernization of 2000. For brevity, it might be cited while IRR with the PRC Modernization Act of 2000.

Sec. 2 . Statement of Policy. The State recognizes quite role of execs in nation-building and toward this end promotes the sustained development of a tank of professionals in whose competence has become determined by genuine and reputable licensure exams and in whose standard of professional services and practice are internationally recognized and considered as world class brought about by regulatory measures, programs, and activities that foster professional expansion and improvement. These rules shall be interpreted in the light of the Statement of Plan found in Section 2 of Republic Act No . 8981, as restated above.

Sec. 3. Definition of Terms. As used in this Regulations, unless particularly provided inside the various specialist regulatory or other laws, the following terms shall be comprehended to indicate:

a) Accredited Professional Organization (APO) refers to a specialist organization which may now or hereafter always be accredited by the Commission. b) Board identifies a Professional Regulatory Board (PRB) created legally, decree, or other issuance pursuant to law to regulate a specific occupation or band of professions.

c) Commission refers to the Professional Regulation Percentage created beneath Republic Work No . 8981.

d) Overseas Professional refers to foreign nationals who, staying licensed pros in their personal countries, should practice their very own respective

occupations in the Philippines under the provisions of subsections (j) and (l) of Section six of Republic Act Number 8981.

e) Modernization relates not only to the computerization of all licensure examinations given by the many professional planks including the sign up of professionals and other operations of the Commission, although also to the adoption and application of fresh techniques and technologies inside the regulatory and executive functions of the Commission and the Professional Regulatory Panels. f) Rehearsing Professional refers to persons who also are engaged in the practice of their respective professions and/or performing serves or actions, whether regularly or from time to time, including all those holding positions in the govt or in private firms, companies or corporations, whose duties need knowledge and application of all their respective vocations as defined in the various regulatory laws and regulations.

g) Professional refers to a person whose name and registration/professional permit number can be entered inside the Commission registry book and computerized data as one who also (is) legally authorized to practice his occupation. Rule II

THE SPECIALIST REGULATION PERCENTAGE:

ITS ORGANIZATION, POWERS AND FUNCTIONS

Sec. 1 ) The Specialist Regulation Commission payment. - The Professional Regulation Commission is known as a three-man commission rate created beneath the provisions of Republic Action No . 8981, hereafter known as the Percentage, which should be attached to work of the President of the Korea for general direction and coordination. Securities and exchange commission's. 2 . Make up of the Commission payment. - The Commission should be headed by simply one (1)...

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