Appropriation of Funds for Fabrication of School Building Components
Presidential Decree No. 703, issued on May 16, 1975, establishes prefabrication plants for school building components in the Philippines to address a significant backlog of school room construction and the increasing demand due to population growth and natural disasters. An appropriation of fifty million pesos is allocated for the organization and initial operations of these plants, including building construction, equipment acquisition, and personnel salaries. The decree mandates that income generated from these plants be set aside as a trust fund specifically for their operation and maintenance. Additionally, it exempts the acquisition of necessary equipment and materials from taxation. The decree took immediate effect upon issuance.
Quick Answers
- What is Appropriation of Funds for Fabrication of School Building Components about?
- Presidential Decree No. 703, issued on May 16, 1975, establishes prefabrication plants for school building components in the Philippines to address a significant backlog of school room construction and the increasing demand due to population growth and natural disasters. An appropriation of fifty million pesos is allocated for the organization and initial operations of these plants, including building construction, equipment acquisition, and personnel salaries. The decree mandates that income generated from these plants be set aside as a trust fund specifically for their operation and maintenance. Additionally, it exempts the acquisition of necessary equipment and materials from taxation. The decree took immediate effect upon issuance.
- What type of law is Presidential Decree No. 703?
- Appropriation of Funds for Fabrication of School Building Components (Presidential Decree No. 703) is a Philippine Presidential Issuances enacted by the Congress of the Philippines.
- When was Appropriation of Funds for Fabrication of School Building Components enacted?
- Appropriation of Funds for Fabrication of School Building Components (Presidential Decree No. 703) was enacted on May 16, 1975.
- What is the citation for Appropriation of Funds for Fabrication of School Building Components?
- Appropriation of Funds for Fabrication of School Building Components, Presidential Decree No. 703, May 16, 1975 (Philippines)
Law Information
- Reference Number
- Presidential Decree No. 703
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Presidential Decrees
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
May 16, 1975
PRESIDENTIAL DECREE NO. 703
APPROPRIATING FUNDS FOR THE FABRICATION OF SCHOOL BUILDING COMPONENTS AND ESTABLISHING FABRICATION PLANTS THEREFOR
WHEREAS, from statistics gathered, there is a current backlog in the school building construction of approximately forty six thousand (46,000) school rooms; casia
WHEREAS, due to the continuing increase of student population, the yearly occurrence of natural calamities such as typhoons, floods and earthquakes, and the depreciation brought about by ordinary wear and tear, school rooms and buildings have to be provided, repaired or replaced yearly;
WHEREAS, actual experience has shown that construction of school buildings with the use of standardized prefabricated building components is more economical and expeditious; and
WHEREAS, the Japanese reparations as the major source of school building components has already been terminated;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and decree:
SECTION 1. There shall be established, under the direct supervision and control of the Director of Public Works, prefabrication plants for school building components to be located in strategic places of the country to prefabricate school building components;
SECTION 2. For the organization and initial operating capital of said plants, the amount of FIFTY MILLION PESOS (P50,000,000.00) or so much thereof as may be necessary, is hereby appropriated out of any funds in the National Treasury not otherwise appropriated to be spent in accordance with the provisions of Section 7-1(4) of Commonwealth Act No. 246, as amended.
SECTION 3. The appropriation authorized herein shall include the amounts needed for the construction of buildings, acquisition of equipment including motor vehicles, salaries and wages of personnel and other operating expenses.
SECTION 4. The prefabricated school building components produced by these plants shall be paid from the allotments for the construction of school buildings allotted to the various district and city engineering offices of the Bureau of Public Works.
SECTION 5. The income which may derived from the operation of the plants is hereby constituted as a trust fund to be known as the School Building Components Fabrication Trust Fund under the administration of the Bureau of Public Works and shall be spent solely for the operation and maintenance of the plants including the construction of buildings and the acquisition of equipment including motor vehicles which may be needed from time to time.
SECTION 6. The necessary appropriations for the continuous operation of these plants shall be included in the general annual appropriation measure. casia
SECTION 7. The provision of any law, rule or regulation to the contrary, notwithstanding, the acquisition of equipment, supplies and materials for this purpose shall be exempt from any tax.
SECTION 8. This Decree shall take effect immediately.
DONE in the City of Manila, this 16th day of May, in the year of Our Lord, Nineteen Hundred and Seventy-Five.
Cite This Law
Appropriation of Funds for Fabrication of School Building Components, Presidential Decree No. 703, May 16, 1975 (Philippines)
Appropriation of Funds for Fabrication of School Building Components, Presidential Decree No. 703 (Phil. 1975)
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- Appropriation of Funds for Aparri Fisheries SchoolRepublic Act No. 2409 • Jun 21, 1959 • Statutes
- Appropriation of Funds for Public Elementary School BuildingsRepublic Act No. 836 • Mar 12, 1953 • Statutes
- Appropriation of Funds for New Washington National School of Fisheries in AklanRepublic Act No. 3555 • Jun 21, 1963 • Statutes
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