Affidavit Of Disclosure for Philippines

Affidavit Of Disclosure Template for Philippines

An Affidavit of Disclosure is a formal sworn statement under Philippine law where an individual or entity declares specific information under oath. This legal document must be executed before a notary public in accordance with the 2004 Rules on Notarial Practice of the Philippines and complies with requirements set forth in the Revised Rules of Court. The document serves as a legally binding declaration that can be used for various purposes including corporate compliance, regulatory requirements, legal proceedings, or personal matters where formal disclosure of information is required.

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What is a Affidavit Of Disclosure?

The Affidavit of Disclosure is a crucial legal instrument in Philippine jurisdiction that serves as a formal means of declaring information under oath. This document type is commonly required in situations where transparent disclosure of information is necessary for legal, regulatory, or business purposes. The affidavit must be executed in compliance with Philippine notarial laws and can be used for various purposes such as declaring conflicts of interest, disclosing business interests, revealing financial information, or providing transparent information about personal or professional matters. The document gains its legal weight from being sworn before a notary public and can be used as evidence in legal proceedings or to fulfill regulatory requirements. The requirements for an Affidavit of Disclosure are governed by Philippine law, including the 2004 Rules on Notarial Practice and relevant provisions of the Civil Code and Rules of Court.

What sections should be included in a Affidavit Of Disclosure?

1. Title and Jurisdiction: Specifies the document type and jurisdiction (e.g., 'Republic of the Philippines, City/Province of [Location]')

2. Affiant Information: Full legal name, age, citizenship, civil status, and complete address of the person making the sworn statement

3. Competency Declaration: Statement affirming the affiant's legal capacity to execute the affidavit and understanding of its consequences

4. Purpose of Disclosure: Clear statement of why the affidavit is being made and its intended use

5. Subject Matter: Detailed disclosure of the specific information, facts, or circumstances being sworn to

6. Verification: Statement verifying that the contents are true and correct of the affiant's own personal knowledge

7. Jurat: Formal closing statement including the date and place of execution, with space for notary details

What sections are optional to include in a Affidavit Of Disclosure?

1. Supporting Documents Reference: Section listing and describing any supporting documents attached to the affidavit, used when additional documentation is needed to support the disclosure

2. Witness Statement: Section for witness details and signatures, used when the disclosure requires third-party verification

3. Prior Disclosures: Section referencing any previous related disclosures, used when the current affidavit supplements or updates previous declarations

4. Confidentiality Statement: Section specifying any confidentiality requirements, used when the disclosed information is sensitive or requires limited distribution

5. Government Authority: Section citing specific government requirements or authorities requiring the disclosure, used when the affidavit is being prepared for a specific regulatory or legal requirement

What schedules should be included in a Affidavit Of Disclosure?

1. Exhibit A - Supporting Documents: Copies of relevant documents referenced in the affidavit

2. Exhibit B - Photo Identification: Copy of affiant's government-issued ID or other identification documents

3. Exhibit C - Authorization Documents: Any power of attorney or authorization documents if the affiant is acting on behalf of another party

4. Appendix 1 - List of Assets/Properties: Detailed inventory of assets or properties being disclosed, if applicable

5. Appendix 2 - Additional Declarations: Supplementary sworn statements that support or elaborate on the main disclosure

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Genie AI

Document Type

Affidavit

Cost

Free to use
Relevant Industries

Legal Services

Financial Services

Real Estate

Banking

Insurance

Government and Public Sector

Corporate Services

Healthcare

Education

Non-profit Organizations

Manufacturing

Construction

Import/Export

Retail

Relevant Teams

Legal

Compliance

Risk Management

Human Resources

Finance

Corporate Secretariat

Executive Leadership

Regulatory Affairs

Government Relations

Administrative Services

Corporate Governance

Relevant Roles

Legal Counsel

Corporate Secretary

Compliance Officer

Risk Manager

Human Resources Director

Chief Financial Officer

Chief Executive Officer

Board Director

Company Director

Real Estate Agent

Insurance Agent

Bank Manager

Investment Advisor

Government Relations Officer

Regulatory Affairs Manager

Property Manager

Business Owner

Financial Controller

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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