Amendments to M.O. No. 184-A Re: Deposit of PAGCOR Remittances to PSF ( Memorandum Order No. 22-A )
July 29, 1992
July 29, 1992
MEMORANDUM ORDER NO. 22-A
AMENDING MEMORANDUM ORDER No. 184-A
AUTHORIZING THE PRESIDENTIAL MANAGEMENT STAFF TO DEPOSIT PAGCOR REMITTANCES TO THE PRESIDENT'S SOCIAL FUND (PSF) AT ANY GOVERNMENT BANK
In order to give the Office of the President greater flexibility in the financial management of the President's Social Fund, the guidelines attached to and made an integral part of Memorandum Order No. 184-A, specifically Guideline No. 1, on the accounting of the Office of the President-Special Projects Fund (President's Social Fund) is hereby amended to read as follows.
"Funds received by PMS from PAGCOR earnings for PSF Projects shall officially be duly receipted for and subsequently deposited under a separate account at any government bank. The account shall be identified as Office of the President-Special Projects Fund."
This Memorandum Order shall take effect immediately.
DONE in the City of Manila, this 29th day of July, in the year of Our Lord, Nineteen Hundred and Ninety-Two.