Data Privacy Act signed into law

By Willard Cheng, ABS-CBN News

Posted at Aug 23 2012 06:51 PM | Updated as of Aug 24 2012 04:21 PM

MANILA - President Aquino has signed the Data Privacy Act 2012 or Republic Act No. 10173, "An Act Protecting Individual Personal Information in Information and Communication Systems in the Government and the Private Sector, Creating for this Purpose a National Privacy Commission, and for other purposes."

Valte said the President did not veto any provision.

"He signed it entirely as it was transmitted," she said.

Aquino has also signed Republic Act No. 10174, "An Act Establishing the People's Survival Fund to Provide Long-Term Finance Streams to Enable the Government to Effectively Address the Problem of Climate Change, amending for the purpose Republic Act No. 9729, otherwise known as the 'Climate Change Act of 2009,' and for other purposes."

A P1 billion People's Survival Fund (PSF) in the National Treasury is being created to finance climate change adaptation programs.