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RA 1613 Section 18

Section 18

SEC. 18. Authority to Finance Projects Programmed under Appropriation from General Revenue with Proceeds from the Issue of Bonds.—The President of the Philippines is authorized to modify the financial program contained in Appendix A hereof so as to enable the Department concerned to undertake projects with the proceeds from the sales of bonds should sufficient amounts be unavailable from the National Treasury for the complete execution of the projects authorized under this Act to be financed from the general funds, and for such purpose the necessary sums are appropriated from said proceeds: Provided, That the projects or projects for which funds shall be provided from said proceeds are certified to by the National Economic Council as self-liquidating and/or revenue-producing or as a project or projects which will be revenue-producing in a few years.

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Other provisions in RA 1613

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

CitationRA 1613 Section 18 (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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