Sharing of National Revenues.
Section 63
SEC. 63. Sharing of National Revenues.—Any provision of law to the contrary notwithstanding, the computation of appropriations herein authorized for local government revenue sharing established under P.D. Nos. 144 and 436 (as amended) shall be based on revenue excluding income recorded but charged to the General Fund Adjustments and Customs Duties Fund provided in this Act assessed on otherwise tax-exempt government agencies and corporations. Compliance with the sharing formula as provided by law shall be determined taking into account all funds allocated and released for local government units, except for the budgetary aid fund herein appropriated pursuant to SEC. 7 of P.D. No. 144. Administrative Procedures