EDPITAF Educational Development Project Funds.
Section 61
SEC. 61. EDPITAF Educational Development Project Funds.—The appropriations of loan proceeds, counterpart funds and operating expenses provided in the appropriations of state universities and colleges and other project institutions and agencies for educational development projects classified, authorized and funded under P.D. No. 6-A, and being implemented through EDPITAF shall be released by the Ministry of the Budget upon recommendation of EDPITAF, subject to Section 40 of P.D. No. 1177 and to the terms and conditions provided for in the loan agreements and Memorandum of Agreement entered into by and between EDPITAF and the project institutions concerned.