MANILA, Philippines 鈥� A measure that will strengthen the regulation of the private security services industry has lapsed into law.
A copy of Republic Act No. 11917 or The Private Security Services Industry Act, sent to reporters Wednesday, showed that the measure became law on July 30.
The bill described Private Security Services as the act of rendering security services in an establishment in exchange for compensation.
鈥淭he State recognizes the vital role of the private sector in the protection of the people and safeguarding of property as well as maintenance of peace and order in the country,鈥� the law states.
A Filipino citizen or juridical entity wholly owned and controlled by a Filipino citizen may form a private security agency (PSA) to provide services. A PSA should have a maximum of 2,000 private security professionals.
A PSA operator may apply for a license, subject to qualifications.
The bill repealed Republic Act No. 5487 or An Act to Regulate the Organization and Operation of Private Detective, Watchmen, or Security Guard Agencies.
The act was passed by the Senate as Senate Bill No. 2423 and adopted by the House of Representatives as an amendment to House Bill No. 8783.
RELATED STORIES
Senate told to raise minimum pay for security guards to make them 鈥榳orld class鈥�
Labor dep鈥檛 looks into plight of security guards