PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES
REPUBLIC ACTS
REPUBLIC ACT NO. 2361 - AN ACT
REVERTING TO THE GENERAL FUNDS OF THE NATIONAL GOVERNMENT THE CASH
BALANCES OF CERTAIN SPECIAL OR REVOLVING FUNDS UNDER CERTAIN CONDITIONS |
Section 1.
Any provision of law to the contrary
notwithstanding, the whole or any such portion of any outstanding cash
balance of any special or revolving fund upon certification by the head
of the office administering the said fund and attestation by the
Auditor General to the effect that the purpose or purposes for which
the said fund was created had been fulfilled or abandoned or that the
said amount of cash balance or any portion thereof is no longer needed
without adversely affecting the purpose or purposes for which the said
funds was created had been fulfilled, is hereby transferred to the
general funds of the national government. Sec. 2. This Act shall take effect upon its approval. Approved: June 20, 1959 |