Section 7(b) of Republic Act No.

6713 (Code of Conduct and Ethical Standards for

Public Officials and Employees) which provides, as follows:

“Section 7. Prohibited Acts and Transactions. - In addition to acts and

omissions of public officials and employees now prescribed in the
Constitution and existing laws, the following shall constitute prohibited
acts and transactions of any public official and employee and are
hereby declared to be unlawful:
xxx
“(b) Outside employment and other activities related thereto. - Public
officials and employees during their incumbency shall not:
“(1) Own, control, manage or accept employment as officer, employee,
consultant, counsel, broker, agent, trustee or nominee in any private
enterprise regulated, supervised or licensed by their office unless
expressly allowed by law;
“(2) Engage in the private practice of their profession unless
authorized by the Constitution or law, provided, that such practice
will not conflict or tend to conflict with their official functions; or
“(3) Recommend any person to any position in a private enterprise
which has a regular or pending official transaction with their office.
“These prohibitions shall continue to apply for a period of one (1) year
after resignation, retirement, or separation from public office, except in
the case of subparagraph (b) (2) above, but the professional concerned
cannot practice his profession in connection with any matter before the
office he used to be with, in which case the one-year prohibition shall
likewise apply.”

Corollarily, Section 18, Rule XIII of the Revised Omnibus Rules on Appointments
and Other Personnel Actions states that:
“Sec. 18. Unless otherwise provided by law, no officer or employee
shall engage directly or indirectly in any private business or profession
without a written permission from the head of agency. Provided that
this prohibition will be absolute in the case of those officers and
employees whose duties and responsibilities require that their entire
time be at the disposal of the government: Provided further, that if an
employee is granted permission to engage in outside activities, the
time devoted outside of office hours should be fixed by the head of the
agency so that it will not impair in any way the efficiency of the officer
or employee nor pose a conflict or tend to conflict with the official
functions.”
Thus, unless you obtain the necessary permission from the proper authority, not the
CSC but oftentimes the agency head, outside employment or interest in another
entity, public or private, is legally restricted.