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.

• Number: Presidential Decree No. 904
• Sections: 7

Preamble

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;

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;

WHEREAS, the current General Appropriations Decree provides

appropriation only for the operation of the Government from July 1, 1975

to June 30, 1976;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the

Philippines, by virtue of the powers vested in me by the Constitution,

do hereby decree:

Section 1 Appropriation of funds.

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.

SEC. 2. Personal Services and Special Budgets.—The

itemization of appropriations for each agency appearing in Presidential

Decree No. 733 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 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.

Section 3 Continuing Capital Outlays.

SEC. 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.

SEC. 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.

SEC. 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.

SEC. 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.

(Sgd.)

FERDINAND E. MARCOS

President

Republic of the Philippines

By the President:

(Sgd.)

JACOBO C. CLAVE

Presidential Executive Assistant