RA 7916 (The Special Economic Zone Act of 1995) Section 49

Authority of the President to Advance Initial Funding.

Section 49

SEC. 49. Authority of the President to Advance Initial Funding. — Subject to existing laws, the President of the Philippines is hereby authorized to advance out of the savings of the Office of the President such funds as may be necessary to effect the organization of an ECOZONE which shall be reimbursed by the PEZA at reasonable terms and conditions.

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CitationRA 7916 (The Special Economic Zone Act of 1995) Section 49 (LawPlayer, data as of 2026-07-04)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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