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PRESIDENTIAL DECREE NO. 904
PRESIDENTIAL DECREE NO. 904 -
APPROPRIATING FUNDS FOR THE OPERATION OF THE GOVERNMENT OF THE REPUBLIC
OF THE PHILIPPINES COVERING THE PERIOD JULY FIRST TO DECEMBER
THIRTY-FIRST, NINETEEN HUNDRED SEVENTY-SIX AND FOR OTHER PURPOSES
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WHEREAS,
Presidential Decree No. 777, dated August 24, 1975 has changed the
official fiscal year as heretofore followed which covered the period
from July 1st of a given year to June 30th of the following year, to
the twelve-month calendar period beginning from January 1st to December
31st of each year. chanroblesvirtualawlibrary
WHEREAS, Presidential Decree No. 777 has extended the current fiscal
year nineteen hundred seventy-six to include the last half of nineteen
hundred seventy-six from July 1st to December 31st, and has required
that appropriate budgetary provision be made for the additional six
month period;chanroblesvirtualawlibrary
WHEREAS, the current General Appropriations Decree provides
appropriation only for the operation of the government from July 1,
1975 to June 30, 1976;chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution, do hereby
decree:cralaw:red
Section 1. Appropriation of funds. — The sum
equivalent to one-half (1/2) of all Current Operating Expenditures and
Capital Outlays appropriations in Presidential Decree No. 733 for each
agency is hereby appropriated out of any funds in the National Treasury
not otherwise appropriated for the operation of the government of the
Republic of the Philippines during the period from July 1st to December
31st, 1976: PROVIDED, That the amounts thus appropriated for capital
outlays shall constitute a lump-sum for "Miscellaneous Capital Outlays"
which is hereby created and shall be used to support capital
requirements of such programs and projects of agencies as may be
approved by the President.
Section 2. Personal Services and Special Budgets. —
The itemization of appropriations for each agency appearing in
Presidential Decree No. 7 and its accompanying Itemization of Personal
Services are hereby made applicable for the period July 1st to December
31st, 1976. All lump-sum appropriations and special provisions for each
agency, as well as all funds appearing in Presidential Decree No. 733
are hereby reauthorized, but not only to the extent as provided in
Section 1 hereof: PROVIDED, That all Special Budgets chargeable against
said lump-sum appropriations in Presidential Decree No. 733 and which
are herein reauthorized are hereby made applicable also for the period
from July 1st to December 31st, 1976. chanroblesvirtualawlibrary
Section 3. Continuing Capital outlays. — Any
provision of existing law to the contrary notwithstanding, the
appropriations for capital outlays provided in this Decree which are
actually released to the agencies concerned, shall be available for
expenditure until the projects are completed.
Section 4. General Provisions. — The General
Provisions in Presidential Decree No. 733 are hereby authorized to
apply from July 1st to December 31st, 1976: PROVIDED, That the
Commissioner of the Budget is hereby authorized to review the general
provisions in Presidential Decree No. 733 and to propose to the
President such provisions which are to be reauthorized, including new
provisions: PROVIDED FURTHER, That such General Provisions as may be
approved by the President shall be considered part of this Decree.
Section 5. Rules and Regulations. — The Commissioner
of the Budget is hereby authorized to promulgate rules and regulations
for the implementation of this Decree, subject to the approval of the
President of the Philippines.
Section 6. Effective Date. — This Decree shall take
effect on July 1st, nineteen hundred and seventy-six.
Done in the City of Manila,
this 18th day of March in the year of Our Lord, nineteen hundred and
seventy-six.
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