AN
ACT AMENDING SECTION 324 (d) of REPUBLIC
ACT NO. 7160, OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991
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"(d)Five
percent (5%) of the estimated revenue from regular sources shall be set
aside as annual lump sum appropriations for relief, rehabilitation,
reconstruction
and other works or services in connection with calamities which may
occur
during the budget year.Provided,
however, That such fund shall be used only in the area, or a portion
thereof,
of the local government unit or other areas affected by a disaster or
calamity,
as determined and declared by the local sanggunian concerned.
"Calamity
shall be defined as a state of extreme distress or misfortune, produced
by some adverse circumstance or event or any great misfortune or cause
or loss or misery caused by natural forces.
"In
case of fire or conflagration, the calamity fund shall be utilized only
for relief operations.
"The
local development council shall more monitor the use and disbursement
of
the calamity fund."
Sec.
2. The Oversight Committee on
the Local Government
Code,
in coordination with concerned agencies, shall prepare and issue the
implementing
rules and regulation within thirty (30) days from the effectivity of
this
Act.
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Sec.
3. The provisions of existing
laws, decrees, issuances, rules and regulations, or portions thereof,
which
are inconsistent herewith are hereby repealed, modified, or amended
accordingly.
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Sec.
4. This Act shall take effect
fifteen (15) days after its publication in at least two (2) newspapers
of general circulation.chan
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This
Act, which in a consolidation of Senate Bill No. 1220 and House Bill
No.
4874 was finally passed by the Senate and the House of Representatives
on June 6, 1996 and June 5, 1996, respectively.
Approved:
June
11, 1996
