SECTION 1. Extension of the Availability of Appropriations. - The appropriations authorized under Republic Act No. 11494 or the "Bayanihan to Recover as One Act" which includes, among others, the automatic appropriations of new programs, projects, and activities pursuant to Section 4 thereof, shall be available for release, obligation and disbursement until June 30, 2021: Provided, That the appropriations sourced from reprogrammed, reallocated or realigned savings in Republic Act No. 11465 or the 2020 GAA for programs and projects for COVID-19 interventions shall be valid for release, obligation and disbursement in accordance with the provisions of the 2020 GAA: Provided, further, That the use of such appropriations shall continue to be governed by the provisions of Section 4 of the Bayanihan to Recover as One Act. The special and general provisions of the 2020 GAA shall be suppletory thereto provided it is not inconsistent with the said provision.
The balances of fund transfers between agencies, instrumentalities and government-owned and controlled corporations which, while obligated, remain unused unutilized, unexpended, and undisbursed as of June 30, 2021 shall revert to the unappropriated surplus of the General Fund.
Agency outsourcing requests or agreements by agencies, instrumentalities and/or government-owned and controlled corporations with Philippine International Trading Corporation shall not be allowed. Any balances of fund transfers in the books of the Philippine International Trading Corporation shall revert to the unappropriated surplus of the General Fund upon effectivity of this Act.