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RA 992 (The Revised Budget Act) Section 18

Adjustment of appropriations for reorganization.

Section 18

SEC. 18. Adjustment of appropriations for reorganization.—When, under authority of law, a function or an activity is transferred or assigned from one agency to another agency, the balances of the appropriations which are determined by the head of such department to be available and necessary to finance or discharge the function or activity so transferred or assigned may, with the approval of the President, be transferred to and be available for use by, the agency to which said function or activity is transferred or assigned for any purpose for which said funds were originally available. Balances so transferred shall be credited to any applicable existing appropriation account or accounts or to any new appropriation account or accounts which are hereby authorized to be established, and shall be merged with funds in the applicable existing or newly established appropriation account or accounts and thereafter accounted for as one fund.

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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 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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