The Security Plant Complex (SPC)
The Security Plant Complex (SPC) was formally established on September 7, 1978 to safeguard the printing/minting/refining, issuance, distribution and durability of coins, banknotes, gold bars, government official receipts, lottery tickets, internal revenue stamps, passports, seaman identification record books, strip stamps, official documents, registration certificates, Torrens titles, treasury warrants, stocks and bonds, government contracts, ration coupons, official ballots, election return forms, checks and other security printing or minting jobs of the Philippine government. Later on, printing of official ballots and other public documents were transferred to the National Printing Office (NPO) pursuant to Executive Order No. 285 issued on July 25, 1987. On August 4, 2003, President Gloria Macapagal-Arroyo issued Administrative Order No. 79, it designates the SPC to be sole manufacturer of presidential medals and decorations.
Read more about this topic: Bangko Sentral Ng Pilipinas
Famous quotes containing the words security, plant and/or complex:
“Our security depends on the Allied Powers winning against aggressors. The Axis Powers intend to destroy democracy, it is anathema to them. We cannot provide that aid if the public are against it; therefore, it is our responsibility to persuade the public that aid to the victims of aggression is aid to American security. I expect the members of my administration to take every opportunity to speak to this issue wherever they are invited to address public forums in the weeks ahead.”
—Franklin D. Roosevelt (1882–1945)
“What do we plant when we plant the tree?
We plant the ship that will cross the sea,
We plant the mast to carry the sails,
We plant the planks to withstand the gales—
The keel, the keelson, and beam and knee—
We plant the ship when we plant the tree.”
—Henry Abbey (1842–1911)
“All propaganda or popularization involves a putting of the complex into the simple, but such a move is instantly deconstructive. For if the complex can be put into the simple, then it cannot be as complex as it seemed in the first place; and if the simple can be an adequate medium of such complexity, then it cannot after all be as simple as all that.”
—Terry Eagleton (b. 1943)