PD 625 Section 22

Start-up Funds.

Section 22

SEC. 22. Start-up Funds. — For the start-up requirements of the Authority, there is hereby appropriated annually for two (2) years, in addition to the sum mentioned in Section Six, the amount of five hundred thousand pesos (P500,000.00). Beginning the third year, the Board shall, pursuant to a budget approved by it and submitted by the Administrator, authorize the expenditure of equity or leverage funds from the sources mentioned in Section Six pursuant to the guidelines and parameters established in said section.

Read the full instrument →

Other provisions in PD 625

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

CitationPD 625 Section 22 (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).

Continue your research

PD 625, full textChapter navigation and full text, so you can read this section in contextPhilippines legislation Philippine Laws by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year Philippines: what this database coversWhich datasets are here, which official source they come from, and how current they arePhilippines overview