🎓 Academic Mga Boss Pa help ipaliwanag

[darkangel721]

Article IV:Operations of Banko Sentral
Section 33: Disposition of Banking Franchise

The Bangko Sentral may, if public interest so requires, award to an institution, upon such terms and conditions as the Monetary Board may approve, the banking franchise of a bank under liquidation to operate in the area where said bank or its branches were previously operating: Provided, That whatever proceeds may be realized from such award shall be subject to the appropriate exclusive disposition of the Monetary Board.

Mga boss kahit konting paliwanag lng at akoy naguguluhan salamat

 

[conviction]

parang ganito pagkakaintindi ko

pwedeng iaward sa isang institution (lender or creditor) yung banking franchise of a bank under liquidation (yung nagsara na banko) para mag operate ulit pero yung proceeds icocontrol na ng Monetary Board (banko sentral) para maprotektahan yung nagpautang na nagsalba sa nagsara na banko

 

[darkangel721]

Thank you ng madami lodiiiii..