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FIFTEENTH CONGRESS OF THE ) 
REPUBLIC OF THE PHiliPPINES ) 
Third Regular Session 
) 
SENATE 
S.B. No. 3253 
Introduced by SENATOR MANNY VILLAR 
EXPLANATORY NOTE 
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Mr. Peter Wallace is inarguably one of the most prominent political and economic 
forecasters in the Philippines. His own company, The Wallace Business Forum, which was 
formed in 1987, not only gives advisory services to more than 120 multinational corporations 
and aids agencies in the country, but more importantly, also advices the Philippine government 
on foreign investments and other significant economic concerns. The presence of Mr. Wallace 
in the country, as well as the invaluable assistance that he brings, has made hirnself an 
important voice for business and economic progress in the country In fact, he is an active 
member, committee chairman and/or director in a number of business chambers in the 
Philippines. He also writes a weekly column for the Philippine Daily Inquirer. 
Mr. Wallace was born in Australia on June 3, 1939. He began work at the age of 18 as a 
cadet engineer with the then Amalgamated Wireless of Australia. As regional manager for an 
American company, he convinced the firm to invest in a factory in the Philippines. He moved to 
Manila in 1975 to build that factory. He then went on to lead, as CEO, two other Multinational 
Companies (MNCs) in the Philippines before establishing AYC Consultants in 1982. 
After Ondoy, when seven soldiers lost their lives rescuing civilians, Mr. Wallace founded 
through the Management Association of the Philippines, a foundation called A LIFE FOR 
OTHERS, to provide a house or similar benefit to the families of soldiers who have lost their 
lives rescuing others. He likewise founded the Caliraya Lake Conservation Society in 1999 with 
his Filipina wife, to protect the watershed of Lake Caliraya and conserve the surrounding forest 
of the area. Also, for many years, he was Chairman of ATRIEV, a school for the blind that 
provides computer skilis to blind youth. Mr. Wallace also became a Commodore of the Manila 
Yacht Club. 
Being a Philippine resident for more than 37 years, Mr. Wallace is jus! as much a 
Filipino, if not more, as any other Filipino in the country. Having spent half of his life in the 
Philippines, Mr. Wallace had Significantly immersed himself in Philippine culture, tradition and 
traits. As a matter of fact, his warmth and hospitality is already innately Filipino. Truly, the heart 
and soul of Mr. Wallace reeks of everything that is profoundly Filipino. 
In view of the foregoing, the passage of this bill is earnestly sought. 
tJ{ 
~VILLAR 


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FIFTEENTH CONGRESS OF THE ) 
REPUBLIC OF THE PHILIPPINES ) 
Third Regular Session 
) 
SENATE 
S.B. No. 3253 
Introduced by SENATOR MANNY VILLAR 
AN ACT 
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I\UG 15 :'1 :02 
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GRANTING PHILIPPINE CITIZENSHIP TO PETER LESLIE WALLACE 
Be it enacted by the Senate and House of the Representatives in Congress Assembled 
SECTION 1. 
Peter Leslie Wallace is hereby granted Philippine citizenship with all 
the rights, privileges, and prerogatives appurtenant thereto. 
After the taking and registration of the oath of allegiance to the Republic of the 
Philippines, Peter Leslie Wallace shall enter into the full enjoyment of Philippine Citizenship. 
SECTION 2. This Act shall take effect immediately following its publication in the 
Official Gazette or in at least two (2) newspapers of national circulation. 
Approved,