Acquisition and Operation of National Security Printing Plant
Republic Act No. 4700, enacted on June 18, 1966, mandates the establishment and operation of a national security printing plant by the Department of General Services to ensure the secure printing of various government documents and materials. The Act requires all government entities to submit their printing needs to the Department, which will fulfill these requests at cost, with minimal administrative fees. The Auditor General is designated as the custodian of all security printing materials, ensuring that no printing occurs without dual approval. Funding for this initiative is capped at twenty million pesos, with provisions for borrowing if necessary, guaranteed by the Republic of the Philippines. The Act became effective immediately upon its approval.
Quick Answers
- What is Acquisition and Operation of National Security Printing Plant about?
- Republic Act No. 4700, enacted on June 18, 1966, mandates the establishment and operation of a national security printing plant by the Department of General Services to ensure the secure printing of various government documents and materials. The Act requires all government entities to submit their printing needs to the Department, which will fulfill these requests at cost, with minimal administrative fees. The Auditor General is designated as the custodian of all security printing materials, ensuring that no printing occurs without dual approval. Funding for this initiative is capped at twenty million pesos, with provisions for borrowing if necessary, guaranteed by the Republic of the Philippines. The Act became effective immediately upon its approval.
- What type of law is Republic Act No. 4700?
- Acquisition and Operation of National Security Printing Plant (Republic Act No. 4700) is a Philippine Statutes enacted by the Congress of the Philippines.
- When was Acquisition and Operation of National Security Printing Plant enacted?
- Acquisition and Operation of National Security Printing Plant (Republic Act No. 4700) was enacted on Jun 18, 1966.
- What is the citation for Acquisition and Operation of National Security Printing Plant?
- Acquisition and Operation of National Security Printing Plant, Republic Act No. 4700, Jun 18, 1966 (Philippines)
Law Information
- Reference Number
- Republic Act No. 4700
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 18, 1966
REPUBLIC ACT NO. 4700
AN ACT PROVIDING FOR THE ACQUISITION AND OPERATION OF A NATIONAL SECURITY PRINTING PLANT AND FOR OTHER PURPOSES
SECTION 1. To safeguard the printing, issuance, distribution and durability of government official receipts, lottery tickets, internal revenue stamps, strip stamps, official documents, registration certificates, torrens titles, treasury warrants, stocks and bonds, government contracts, ration coupons, passports, identification cards, money order forms, checks, bank notes, official ballots, election return forms, and many other security printing jobs, the Department of General Services shall acquire, within ninety days and operate as soon as possible but not later than three years after approval of this Act, a security printing plant equipped with the most modern security printing presses which are not available to ordinary commercial printers, specifically those that allow for the simultaneous printing of front and back faces, of super-imposed tints and backgrounds, and the single or multi-color intaglio printing of major designs.
SECTION 2. All government offices, agencies, instrumentalities and government-owned and/or controlled corporations required or allowed by law, rules or regulations to print and/or issue any of the security papers enumerated in Section one hereof shall, upon approval of this Act, forward a projection of their printing requirements, thru the General Auditing Office, to the Department of General Services, which shall print as soon as possible, with security printing presses, such requisitions as approved by the Auditor General, and at cost, allowing only for a minimal margin to cover administration and operational expenses. aisa dc
SECTION 3. The Auditor General shall be the custodian, when not in use, of all original designs, engravings and other printing materials involving the security of the printing: Provided, That in cases of fronts and back engravings these shall be distributed for custody and security between the Auditor General and the Head of the requisitioning office, in such manner that no security printing may be executed by the Department of General Services without the knowledge and approval of both officials.
SECTION 4. To carry out the purposes of this Act, such sums as may be necessary, but in no case to exceed twenty million pesos (P20 M) are hereby appropriated out of any funds in the national treasury not otherwise appropriated: Provided, That, in the opinion of the President of the Philippines, the finances of the government do not permit the utilization of the funds in the treasury, the Secretary of General Services, with the approval of the President, is hereby authorized to borrow funds from any local or foreign institution in an amount not exceeding twenty million pesos to cover the cost of acquisition, installation, establishment and operation for the first year of one modern security printing plant as provided for in Section one.
All loans obtained under this Act shall be fully guaranteed by the Republic of the Philippines both as to principal and interest. In the event that the Department of General Services shall be unable to pay said principal and interest, the Central Bank shall advance the amounts thereof out of its surplus funds, not otherwise appropriated. Thereupon the amounts so advantage shall be reimbursed by the Department of General Services, from whatever payments it shall receive for security printing jobs undertaken, and such reimbursements shall automatically accrue to the surplus funds of the Central Bank.
SECTION 5. The Secretary of General Service shall issue such rules and regulations as may be necessary to carry out the implementation of this Act.
SECTION 6. All Acts, laws, executive orders, rules and regulations, or a part thereof, inconsistent with the provisions of this Act are hereby repealed or modified accordingly. cdt
SECTION 7. This Act shall take effect upon its approval.
Enacted into law without executive signature on June 18, 1966.
Published in the Official Gazette, Vol. 64, No. 48, p. 12304 on November 25, 1968
Cite This Law
Acquisition and Operation of National Security Printing Plant, Republic Act No. 4700, Jun 18, 1966 (Philippines)
Acquisition and Operation of National Security Printing Plant, Republic Act No. 4700 (Phil. 1966)
Related Laws
- Amendments to R.A. No. 4700 Re: National Security Printing PlantRepublic Act No. 5188 • Sep 16, 1967 • Statutes
- Authorizing the President of the Philippines to Conduct Negotiations for the Acquisition, Management and Operation of Public UtilityCommonwealth Act No. 449 • Jun 8, 1939 • Statutes
- Authorizing the Central Bank to Establish and Operate Security Printing Plant for Printing of Bank NotesPresidential Decree No. 484 • Jun 18, 1974 • Presidential Issuances
- Affirming the Printing Jurisdiction of the National Printing OfficeMemorandum Circular No. 180 • Aug 13, 2009 • Presidential Issuances
- Rules in the Acquisition and/or Operation of Cruise ShipsMARINA Circular No. 2018-05 • Jul 19, 2018 • Other Rules and Procedures
- Guidelines on the Tax- and Duty-Free Importation and Monitoring of the Utilization of Raw materials for Book PublishingNational Book Development Board • Mar 23, 2012 • Other Rules and Procedures
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