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PD 1445 Section 98

Reversion of unliquidated balances of accounts payable.

Section 98

SEC. 98. Reversion of unliquidated balances of accounts payable. —The Commission, upon notice to the head of agency concerned, may revert to the unappropriated surplus of the general fund of the national government, any unliquidated balance of accounts payable in the books of the national government, which has been outstanding for two years or more and against which no actual claim, administrative or judicial, has been filed or which is not covered by perfected contracts on record. This section shall not apply to unliquidated balances of accounts payable in trust funds as long as the purposes for which the funds were created have not been accomplished.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER 4. APPLICATION OF APPROPRIATED FUNDS →

Other provisions in CHAPTER 4. APPLICATION OF APPROPRIATED FUNDS

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 2026-07-04

CitationPD 1445 Section 98 (LawPlayer, data as of 2026-07-04)

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

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