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Jimenez 2 BSABE C
Article VIII – Prohibited Acts, Penalties and Sanctions; consists of 3 sections. The
section 30, Prohibited Acts is the list of prohibited acts with 4 violations. The section 31 is
Penalties where any person who shall violate any provision of this Act shall, upon conviction,
be subject to a ne of not less than One thousand pesos (P1,000.00) but not more than Ten
thousand pesos (P10,000.00) or imprisonment of not less than two (2) months but not more
than one (1) year, or both The section 32 is Sanctions.