NOTICE TO THE PUBLIC
The Optical Media Board hereby vehemently denies granting any allowance, compensation or perquisite to any MTRCB Board member, officer, or staff member.
Further, the Optical Media Board and MTRCB are two independent government agencies that do not share, in any way or form, financial commitment or remuneration.
Intellectual Property Code of the Philippines
Under Republic Act No. 8293, copyright infringement or aiding or abetting such infringement is a crime punishable by:
a. Imprisonment of one (1) year to three (3) years plus a fine ranging from Fifty thousand pesos (P50,000) to One hundred fifty thousand pesos (P150,000) for the first offense.
b. Imprisonment of three (3) years and one (1) day to six (6) years plus a fine ranging from One hundred fifty thousand pesos (P150,000) to Five hundred thousand pesos (P500,000) for the second offense.
The DBM commends the agency’s remarkable performance for the continuous implementation of its mandates and programs/activities/projects as reflected in the GAA, ability to implement new strategies and to successfully obligate its budgetary allotment within the fiscal year, and for holding true to its commitment and responsibility in terms of delivering dynamic services to the public
Please be informed that there will be
NO BUSINESS TRANSACTION
on MAY 14, 2018
REGULAR BUSINESS TRANSACTION shall resume on MAY 15, 2018