Despite containing conflicting provisions, the controversial Maharlika Investment Fund bill is still considered valid and may be transmitted to the President for signature, former Senate President Franklin Drilon said. | MAgerINQ
“So at this stage, that should not be an issue because it affects prescription and prescription does not come in to play until 10 years from now,” the former Justice secretary and Senate president explained in an interview with Senate reporters.“The issue is, given this conflict between these two provisions, does it affect the validity of the bill? No, it does not,” he said.
He recalled a similar incident in the past when there was an issue with the validity of amendments introduced by the House of Representatives in the budget bill. Drilon said it also just normal for senators to commit errors especially when they are in a rush to approve the Maharlika bill, which was certified as urgent by the President.“But let me reiterate this does not affect the validity of the bill assuming that it’s signed because thats the policy of the government. Number 2, the issue will not be material until after 10 years,” he stressed.
“No, the conflict in these two provisions would not affect its validity or constitutionality,” he pointed out.
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