An Act Appropriating the Sum of Two Billion Four Hundred Fifty Million Two Hundred Sixty-Eight Thousand Pesos (P2,450,268,000.00) to Fund the Holding of the National and Local Elections in 2001 and for Other Purposes
Republic Act No. 9007, enacted on February 21, 2001, allocates P2,450,268,000 to fund the national and local elections in 2001. Of this amount, P1,340,287,000 is designated for personal services, while P1,109,981,000 is for maintenance and other operating expenses. The allocated funds are to be released to the Commission on Elections (COMELEC) and must be utilized in compliance with existing accounting and auditing regulations. The Act took effect on January 1, 2001, and was published in the Official Gazette on May 28, 2001.
Law Information
- Reference Number
- Republic Act No. 9007
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
February 21, 2001
REPUBLIC ACT NO. 9007
AN ACT APPROPRIATING THE SUM OF TWO BILLION FOUR HUNDRED FIFTY MILLION TWO HUNDRED SIXTY-EIGHT THOUSAND PESOS (P2,450,268,000.00) TO FUND THE HOLDING OF THE NATIONAL AND LOCAL ELECTIONS IN 2001 AND FOR OTHER PURPOSES
SECTION 1. Appropriations. — The sum of Two billion four hundred fifty million two hundred sixty-eight thousand pesos (P2,450,268,000.00) is hereby appropriated to fund the holding of the national and local elections in 2001, of which One billion three hundred forty million two hundred eighty-seven thousand pesos (P1,340,287,000.00) shall be for personal services and One billion one hundred nine million nine hundred eighty-one thousand pesos (P1,109,981,000.00) for maintenance and other operating expenses. EcIDaA
SECTION 2. Release and Use of Funds. — The amount shall be released to the Commission on Elections (COMELEC) and shall be used for the purpose intended in accordance with the existing accounting and auditing rules and regulations.
SECTION 3. Effectivity. — This Act shall take effect beginning January 1, 2001.
Approved: February 21, 2001
Published in the Official Gazette, Vol. 97 No. 22, page 3220 on May 28, 2001.
Cite This Law
An Act Appropriating the Sum of Two Billion Four Hundred Fifty Million Two Hundred Sixty-Eight Thousand Pesos (P2,450,268,000.00) to Fund the Holding of the National and Local Elections in 2001 and for Other Purposes, Republic Act No. 9007, Feb 21, 2001 (Philippines)
An Act Appropriating the Sum of Two Billion Four Hundred Fifty Million Two Hundred Sixty-Eight Thousand Pesos (P2,450,268,000.00) to Fund the Holding of the National and Local Elections in 2001 and for Other Purposes, Republic Act No. 9007 (Phil. 2001)
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