PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
|REPUBLIC ACT NO. 433 - AN
ACT TRANSFERRING FROM THE ADMINISTRATIVE CONTROL AND SUPERVISION OF THE
RESPECTIVE HEADS OF THE DIFFERENT DEPARTMENTS, BUREAUS, OFFICES AND
INSTRUMENTALITIES OF THE NATIONAL GOVERNMENT, INCLUDING THE SUPREME
COURT, THE COURT OF APPEALS, THE COMMISSION ON ELECTIONS, AND THE
UNIVERSITY OF THE PHILIPPINES, THE FUNCTION OF PREPARING AND KEEPING
THE ACCOUNTS OF THE SAID DEPARTMENTS, BUREAUS, OFFICES AND
INSTRUMENTALITIES, TO THE BUDGET COMMISSION
|Section 1. Except
as herein otherwise provided, the function of preparing and keeping the
accounts of the different departments, bureaus, offices, and
dependencies or instrumentalities of the National Government, including
the Supreme Court, the Court of Appeals, the Commission on Elections,
and the University of the Philippines, and such other duties as are
incidental to the said function, which are now being performed under
the administrative control and supervision of the respective heads of
the said departments, bureaus, offices and instrumentalities, pursuant
to the provisions of Executive Order Numbered Forty-three, dated
February seven, nineteen hundred and forty-seven, are hereby
transferred, together with their corresponding appropriations,
personnel, books, records, equipment and other property, to the Budget
Sec. 2. The Commissioner of the Budget and the bureau head or chief of office concerned are hereby authorized, with the approval of the President, to segregate immediately the appropriations, personnel, books, records, equipment, and other property provided for the present accounting offices and to determine those which shall be transferred to the Budget Commission.
Sec. 3. The services hereby transferred shall operate in suitable quarters furnished therefor by the corresponding departments, bureaus, offices, or dependencies and shall be under the charge of accounting officers appointed or designated by the Commissioner of the Budget. It shall be the duty of said accounting officers to manage such service for the corresponding head of department, or chief of bureau, office, or dependency; advise him of the trend of business affairs thereof; render such reports and statements as may be required of him by the Commissioner of the Budget, the Auditor General, or the head of the department, bureau, office, or dependency concerned; and perform such other duties as the Commissioner of the Budget may prescribe.
Sec. 4. The provisions of Executive Order Numbered Forty-three, dated February seven, nineteen hundred and forty-seven, and all other laws, rules and orders which are inconsistent herewith are hereby repealed or modified accordingly.
Sec. 5. This Act shall take effect upon its approval.
Approved: June 7, 1950