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RA 3839 Section 5

RA 3839 Section 5

Section 5

SEC. 5. Section twenty-five of the same Act, as amended, is further amended to read as follows: "SEC. 25. Deposit and disbursement.&mdashAll moneys paid to or collected by the System every year under this Act, and all accruals thereto shall be deposited, administered and disbursed in the same manner and under the same conditions and requirements as provided by law for other public special funds: Provided, That of the total yearly collection of such moneys and their accruals, not more than nine per centum during fiscal years nineteen hundred sixty-three to nineteen hundred sixty-four and nineteen hundred sixty-four to nineteen hundred sixty-five, eight per centum during fiscal years nineteen hundred sixty-five to nineteen hundred sixty-six and nineteen hundred sixty-six to nineteen hundred sixty-seven, and seven per centum in any year thereafter shall be disbursed for the payment of salaries and wages and purchases of office equipments and materials and operational expenses and the establishment of regional offices of the System for any year: Provided, further, That if the expenses of the System in year are less than the maximum amount permissible the difference shall not be availed of as additional expenses of the System in the following years."

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Other provisions in RA 3839

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 3839 Section 5 (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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