Administration and Use of Funds of Government Corporations.
Section 68
SEC. 68. Administration and Use of Funds of Government Corporations.—Funds herein appropriated for operating expense contributions and equity investments in government-owned or controlled corporations and other public corporate bodies which are included as separate programs under the Ministry where the government corporation is attached, including those of the Office of the President (Prime Minister), shall be under the administration of the Ministry of the Budget and directly released to the recipient corporation through the Bureau of the Treasury on the basis of a Work and Financial Plan prepared and submitted by the corporation concerned, subject to SEC. 40 of P.D. No. 1177 and Letter of Implementation No. 29.