Presidential Decree No. 503 (PD 503) — Appropriating Funds for the Operation of the Government of the Republic of the Philippines During the Period from July First, Nineteen Hundred Seventy-Four to June Thirtieth, Nineteen Hundred Seventy-Five and for Other Purposes.

Preamble

WHEREAS, it is necessary for the operation of the Government of the Republic of the Philippines that funds be appropriated for the purposes: NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution as Commander-in-Chief of the Armed Forces of the Philippines, and pursuant to Proclamation No. 1081, dated September 21, 1972, and General Order No. 1, dated September 22, 1972, as amended, and for the continuous operation of the Government, do hereby issue this decree.

Appropriation of funds.

Section 1

SECTION 1. Appropriation of funds.—The following sums or so much thereof as may be necessary, are hereby appropriated out of any funds in the Philippine Treasury not otherwise appropriated, for the operation of the government of the Republic of the Philippines during the period from July first, nineteen hundred and seventy-four to June thirtieth, nineteen hundred and seventy-five except where otherwise specifically provided: Date: June 30, 1974 Remarks: Printed by the Government Printing Office.