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RA 5708 Section 14

Section 14

SEC. 14. The sum of five million pesos is hereby authorized to be appropriated annually for ten consecutive years, starting with the fiscal year next following the approval of this Act, out of any funds in the National Treasury not otherwise appropriated, to finance the ten-year sports center development program, the annual appropriations to be deposited with the Philippine National Bank to constitute the funds of the Commission established under the provisions of Section four hereof: Provided, however, That all unexpended balances following the termination of the ten-year program shall be transferred to the credit of the Department of Education to be expended for the schools sports development program under such rules and regulations as the President of the Philippines shall prescribe.

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Other provisions in RA 5708

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 5708 Section 14 (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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