Summary
RMO No. 74-2010 reiterates the implementation of RMO No. 11-2001 on the Decentralized System of Issuance of Clearance, to speed up clearances for Accountable Officers (AOs) for accountabilities from years 1961 up to 1989.
Key points
- Clearance within the Regional Offices. Clearances for these AOs are issued by the Regional Offices that have jurisdiction over them.
- Phased turnover of records. The AOs’ documents and records are devolved gradually to the Regional Offices. They go to the concerned Chiefs, Finance Division, at one (1) Regional Office per month.
Who is affected
- Accountable Officers with accountabilities from 1961 up to 1989
- Regional Offices and their Finance Division Chiefs
Deadlines and effectivity
- Turnover of records: one (1) Regional Office per month
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
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