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RA 992 (The Revised Budget Act) Section 16

Creation of appropriation reserves.

Section 16

SEC. 16. Creation of appropriation reserves.—The Budget Commissioner shall in consultation with the head of the department or agency, establish reserves against appropriations to provide for contingencies and emergencies which may arise later in the fiscal year and which would otherwise require a deficiency appropriation. The establishment of appropriation reserves should not necessarily mean that such portion of the appropriation will not be made available for expenditure. All or a portion of an appropriation may be reserved by the Budget Commissioner when he has determined that the amounts Evolved may not be needed. Should conditions change during the fiscal year which would justify the use of the reserve, the necessary adjustment may be made by the Budget Commissioner when requested by the Department or agency affected.

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Other provisions in RA 992 (The Revised Budget Act)

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 992 (The Revised Budget Act) Section 16 (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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