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PD 72 Section 50

Section 50

SEC. 50. Section ninety-five of the same Act is hereby amended to read as follows: "SEC. 95. Provisional advances to the Government. —The Central Bank may make direct provisional advances to the Government or to any of its political subdivisions to finance expenditures authorized in the annual appropriations of the borrowing entity: Provided: That said advances must be repaid before the end of the first quarter following the end of the fiscal year of the Government or political subdivision and shall not, in their aggregate, exceed twenty per cent: (20%) of the average annual income of the borrower for the last three preceding fiscal years."

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Other provisions in PD 72

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 72 Section 50 (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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