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CA 555 Section 4

Section 4

SEC. 4. Reduction of required forced savings and transfer of any part of the increase in the appropriations resulting therefrom to cover deficits. - Whenever the public interest so demands, the President may reduce the forced savings herein required of any executive or judicial department by a corresponding allottment from the Contingent Fund provided in this Act, and he may authorize the transfer of any part of the resulting increase in the next appropriations of the executive or judicial department concerned to cover a deficit in any appropriation for sundry expenses, furniture and equipment, or special purposes of the same or any other executive or judicial department.

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Other provisions in CA 555

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationCA 555 Section 4 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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