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RA 992 (The Revised Budget Act) Section 23

Reversion of unexpended balances of appropriations.

Section 23

SEC. 23. Reversion of unexpended balances of appropriations.—The unexpended balances of appropriations authorized in any annual General Appropriation Act shall revert to the unappropriated general fund in the National Treasury at the end of the fiscal year for which such appropriations are authorized, and shall not thereafter be available for expenditure except by subsequent legislative enactment. The Auditor General may transfer at any time from moneys appropriated for a specific purpose to the unappropriated general fund any surplus balances standing to the credit of any appropriation or fund when the officer having administrative control thereof shall certify to the Auditor General that there is a surplus in excess of the requirements, or that the work or purpose for which the appropriation was made has been completed or indefinitely postponed, and that there are no outstanding obligations to be paid therefrom.

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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 23 (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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