RA 992 (The Revised Budget Act) Section 20

Prohibition against the incurrence of overdrafts.

Section 20

SEC. 20. Prohibition against the incurrence of overdrafts.—All heads of departments and agencies shall not incur or authorize the incurrence of expenditures or obligations in excess of the amounts appropriated by law for their respective departments and agencies. Parties responsible for the incurrence of overdrafts shall be held personally liable therefor.

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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 20 (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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