Appropriation of Funds for the Board of Investments

Republic Act No. 5450Sep 30, 1968Statutes7 min read

Republic Act No. 5450, enacted on September 30, 1968, appropriates funds for the operation of the Board of Investments in the Philippines from July 1, 1968, to June 30, 1969. The total allocation amounts to P2,883,200, which covers personal services, maintenance and operating expenses, equipment purchases, and special projects related to investment studies and seminars. Specific provisions are made for salaries of board officials, auditors, analysts, and support staff, as well as travel and miscellaneous expenses. The act emphasizes adherence to existing general provisions of the General Appropriations Act, ensuring compliance with other applicable laws.

Quick Answers

What is Appropriation of Funds for the Board of Investments about?

What type of law is Republic Act No. 5450?

Appropriation of Funds for the Board of Investments (Republic Act No. 5450) is a Philippine Statutes enacted by the Congress of the Philippines.

When was Appropriation of Funds for the Board of Investments enacted?

Appropriation of Funds for the Board of Investments (Republic Act No. 5450) was enacted on Sep 30, 1968.

What is the citation for Appropriation of Funds for the Board of Investments?

Appropriation of Funds for the Board of Investments, Republic Act No. 5450, Sep 30, 1968 (Philippines)

September 30, 1968

REPUBLIC ACT NO. 5450

AN ACT APPROPRIATING FUNDS FOR THE OPERATIONS OF THE BOARD OF INVESTMENTS DURING THE PERIOD FROM JULY FIRST NINETEEN HUNDRED AND SIXTY-EIGHT TO JUNE THIRTIETH NINETEEN HUNDRED AND SIXTY-NINE

SECTION 1. The following sums or so much thereof as may be necessary are hereby appropriated out of any funds in the National Treasury not otherwise appropriated for the operation of the Board of Investments pursuant to the provisions of Republic Act Numbered Fifty-one hundred eighty-six and other laws the implementation of which is assigned to the Board of Investments during the period from July first nineteen hundred sixty-eight to June thirtieth nineteen hundred sixty-nine: acd

GENERAL FUND

I. PERSONAL SERVICES

A. OFFICE OF THE BOARD OF GOVERNORS

1.	One Chairman	P50,000
2.	Four Governors at P40,000	160,000
3.	One Board Secretary and Executive
	Assistant	24,000
4.	One Special Assistant	15,600
5.	One Private Secretary to the Chairman	6,000
6.	Four Private Secretaries at P6,000	24,000
7.	One Secretary	4,800
8.	One Senior Stenographer	4,200
9.	One Minute Recorder	3,600
10.	Six Utility Men at P2,700	16,200

B. OFFICE OF THE AUDITOR

11.	One Auditor	24,000
12.	One Assistant Auditor	14,400
13.	One Senior Examiner	7,200
14.	One Audit Examiner	4,800
15.	One Auditing Clerk	3,600

C. PLANNING, RESEARCH AND INFORMATION
DEPARTMENT

1. Office of the Director

16.	One Director	24,000
17.	One Secretary	4,800

2. Information Section

18.	One Information Officer	15,600
19.	One Senior Analyst	13,200
20.	One Analyst	9,300
21.	One Librarian	9,300
22.	One Assistant Librarian	5,280
23.	One Draftsman	5,280
24.	One Senior Stenographer	4,200

3. Sectorial Planning Section

25.	One Chief Analyst (Section Head)	15,600
26.	One Senior Analyst	13,200
27.	One Senior Analyst	13,200
28.	One Analyst	9,300
29.	One Analyst	9,300
30.	One Staff Assistant	5,280
31.	One Senior Stenographer aisa dc	4,200

4. Industry Planning Section

32.	One Chief Analyst (Section Head)	15,600
33.	One Senior Analyst	13,200
34.	One Senior Analyst	13,200
35.	One Analyst	9,300
36.	One Assistant Analyst	7,020
37.	One Staff Assistant	5,280
38.	One Clerk-Typist	3,600

5. Statistics Section

39.	One Chief Analyst (Section Head)	15,600
40.	One Senior Analyst	13,200
41.	One Analyst	9,300
42.	One Assistant Analyst	7,020
43.	Two Staff Assistants at P5,280	10,560
44.	One Clerk-Typist	3,600

D. PROJECT DEVELOPMENT DEPARTMENT

1. Office of the Director

45.	One Director	24,000
46.	One Senior Analyst	13,200
47.	One Analyst	9,300
48.	One Secretary	4,800

2. Agricultural Industries Section

49.	One Chief Analyst (Section Head)	15,600
50.	One Senior Analyst	13,200
51.	Two Analysts at P9,300	18,600
52.	One Assistant Analyst	7,020
53.	One Staff Assistant	5,280
54.	One Clerk-Typist	3,600

3. Chemical and Allied Processing Industries Section

55.	One Chief Analyst (Section Head)	15,600
56.	One Senior Analyst	13,200
57.	One Senior Analyst	13,200
58.	Two Analysts at P9,300	18,600
59.	One Analyst	8,400
60.	One Assistant Analyst	7,020
61.	One Staff Assistant	5,280
62.	One Clerk-Typist	3,600

4. Engineering, Metallurgical and Mining Industries Section

63.	One Chief Analyst (Section Head)	15,600
64.	Two Senior Analysts at P13,200	26,400
65.	One Analyst	9,300
66.	One Analyst	9,300
67.	One Assistant Analyst	7,200
68.	One Assistant Analyst	7,020
69.	One Staff Assistant	5,280
70.	One Clerk-Typist	3,600

E. PROJECT EVALUATION DEPARTMENT

1. Office of the Director

71.	One Director	24,000
72.	One Secretary	4,800

2. Engineering Section

73.	One Chief Analyst (Section Head)	15,600
74.	One Senior Analyst	13,200
75.	One Senior Analyst	13,200
76.	One Senior Analyst	13,200
77.	One Senior Analyst	13,200
78.	Two Analysts at P9,300	18,600
79.	One Assistant Analyst	7,200
80.	One Assistant Analyst	7,020
81.	One Staff Assistant	5,280
82.	One Clerk-Typist	3,600

3. Marketing and Distribution Section

83.	One Chief Analyst (Section Head)	15,600
84.	Three Senior Analysts at P9,300	39,600
85.	Two Analysts at P9,300	18,600
86.	Two Assistant Analysts at P7,020	14,040
87.	One Staff Assistant	5,280
88.	One Senior Stenographer	4,200

4. Finance Section

89.	One Chief Analyst (Section Head)	15,600
90.	One Senior Analyst	13,200
91.	Two Senior Analysts at P13,200	26,400
92.	Two Analysts at P9,300	18,600
93.	Three Analysts at P8,400	25,200
94.	One Assistant Analyst	7,020
95.	Two Staff Assistants at P5,280	10,560
96.	One Clerk-Typist	3,600

F. PROJECT ASSISTANCE AND SUPERVISION DEPARTMENT

1. Office of the Director and Legal Counsel

97.	One Director	24,000
98.	One Assistant Director	19,100
99.	One Liaison Officer	13,200
100.	One Secretary	4,800
101.	One Senior Stenographer	4,200

2. Legal Section

102.	One Legal Officer I (Section Head)	15,600
103.	Two Legal Officers II at P13,200	26,400
104.	One Legal Officer II	13,200
105.	Three Legal Officers III at P9,300	27,900
106.	Three Legal Officers at P7,200	21,600
107.	One Senior Stenographer	4,200

3. Processing Section

108.	One Chief Analyst (Section Head)	15,600
109.	One Senior Analyst	13,200
110.	One Analyst	9,300
111.	One Processing Clerk	3,600
112.	One Processing Clerk	3,600

4. Project Assistance Section

113.	One Chief Analyst (Section Head)	15,600
114.	One Senior Analyst	13,200
115.	One Senior Analyst	13,200
116.	Three Analysts at P9,300	27,900
117.	One Staff Assistant	5,280
118.	One Senior Stenographer	4,200

5. Project Supervision Section

119.	One Chief Analyst (Section Head)	15,600
120.	One Senior Analyst	13,200
121.	Two Senior Analysts at P13,200	26,400
122.	One Analyst	9,300
123.	Two Assistant Analysts at P7,020	14,040
124.	One Senior Stenographer	4,200

G. MANAGEMENT SERVICES

1. Administrative Office

125.	One Administrative Officer	15,600
126.	One Clerk-Typist	3,600

2. Budget and Finance Office

127.	One Budget Officer	14,400
128.	One Senior Budget Examiner	7,200
129.	One Cashier	7,020
130.	One Budget Examiner	7,020
131.	One Assistant Cashier	5,400
132.	One Clerk-Typist	3,600

3. Accounting Office

133.	One Chief Accountant	10,800
134.	One Assistant Chief Accountant	8,400
135.	One Accountant	7,020
136.	Two Accounting Clerks at P4,200	8,400
137.	One Clerk-Typist	3,600

4. Personnel Office

138.	One Personnel Officer	9,300
139.	One Personnel Clerk	4,200
140.	One Personnel Aide	3,600
141.	One Clerk-Typist	3,600

5. Records Office

142.	One Records Officer	9,300
143.	One Records Clerk	4,200
144.	One Clerk-Typist	3,600
145.	One Technical Utility Man	3,600

6. Property and Supply Office

146.	One Supply Officer	10,800
147.	One Property Custodian	4,200
148.	One Canvasser	4,200
149.	One Clerk-Typist	3,600
150.	One General Services Officer	9,300
151.	One Receptionist	3,600
152.	One Clerk-Typist	3,600
153.	One Clerk-Typist	3,600
154.	One Driver	2,700
155.	One Driver	2,700
156.	Two Drivers at P2,700	5,400
157.	One Telephone Operator	3,600
158.	Three Technicians (Utility Aide) at P3,000	9,000
159.	Six Messengers at P2,700	16,200

MISCELLANEOUS

160.	For salaries and wages of temporary
	and emergency employees, including
	technical men, skilled, semi-skilled
	and unskilled laborers who may be
	employed from time to time as the
	need of their services may require at
	rates in accordance with the Minimum
	Wage Law, R.A. No. 4180	50,000
161.	For employees' retirement and life
	insurance premiums	86,700
		————
	Total for personal services (202 positions)	P2,033,200
		————

II. MAINTENANCE AND OTHER OPERATING EXPENSES

1.	Traveling expenses	P100,000
2.	Supplies and materials	100,000
3.	Sundry expenses, including the commutable
	allowances of the Board Members,
	pursuant to the provisions of R.A. 5186,
	and other representation expenses	300,000

	Total for Maintenance and Other
	Operating Expenses	P500,000

III. EQUIPMENT

1.	Equipment Outlay, including the purchase
	of two automobiles, and two station
	wagons needed in carrying out the
	objective of R.A. 5186	P150,000

	Total for Equipment	P150,000

IV. SPECIAL PURPOSE

1.	For expenses to carry out project assistance
	and to conduct investment studies,
	seminars and surveys including salaries,
	additional compensation, honoraria to
	technical and other personnel for consultants,
	subject to the approval of the Board	P200,000

	Total for Special Purposes	P200,000

SUMMARY

	Total for salaries & wages	P2,033,200
	Total for sundry expenses	500,000
	Total for equipment	150,000
	Total for special purpose	200,000
	Total current operating expenditures
	for the Board of Investments
	(General Fund)	P2,883,200

SECTION 2. The provisions under the "General Provisions" contained in the General Appropriations Act for the fiscal year nineteen hundred sixty-eight and sixty-nine which are not in conflict with the provisions of Republic Act Numbered Fifty-one hundred and eighty-six and this Act, are hereby made applicable in carrying out the purposes of this Act.

SECTION 3. This Act shall take effect July first, Nineteen Hundred and Sixty-Eight.

Approved: September 30, 1968

Published in the Official Gazette, Vol. 65, No. 29, p. 7399 on July 21, 1969

Appropriation of Funds for the Board of Investments

Republic Act No. 5450Sep 30, 1968Statutes7 min read

Quick Answers

What is Appropriation of Funds for the Board of Investments about?

What type of law is Republic Act No. 5450?

Appropriation of Funds for the Board of Investments (Republic Act No. 5450) is a Philippine Statutes enacted by the Congress of the Philippines.

When was Appropriation of Funds for the Board of Investments enacted?

Appropriation of Funds for the Board of Investments (Republic Act No. 5450) was enacted on Sep 30, 1968.

What is the citation for Appropriation of Funds for the Board of Investments?

Appropriation of Funds for the Board of Investments, Republic Act No. 5450, Sep 30, 1968 (Philippines)

September 30, 1968

REPUBLIC ACT NO. 5450

AN ACT APPROPRIATING FUNDS FOR THE OPERATIONS OF THE BOARD OF INVESTMENTS DURING THE PERIOD FROM JULY FIRST NINETEEN HUNDRED AND SIXTY-EIGHT TO JUNE THIRTIETH NINETEEN HUNDRED AND SIXTY-NINE

GENERAL FUND

I. PERSONAL SERVICES

A. OFFICE OF THE BOARD OF GOVERNORS

1.	One Chairman	P50,000
2.	Four Governors at P40,000	160,000
3.	One Board Secretary and Executive
	Assistant	24,000
4.	One Special Assistant	15,600
5.	One Private Secretary to the Chairman	6,000
6.	Four Private Secretaries at P6,000	24,000
7.	One Secretary	4,800
8.	One Senior Stenographer	4,200
9.	One Minute Recorder	3,600
10.	Six Utility Men at P2,700	16,200

B. OFFICE OF THE AUDITOR

11.	One Auditor	24,000
12.	One Assistant Auditor	14,400
13.	One Senior Examiner	7,200
14.	One Audit Examiner	4,800
15.	One Auditing Clerk	3,600

C. PLANNING, RESEARCH AND INFORMATION
DEPARTMENT

1. Office of the Director

16.	One Director	24,000
17.	One Secretary	4,800

2. Information Section

18.	One Information Officer	15,600
19.	One Senior Analyst	13,200
20.	One Analyst	9,300
21.	One Librarian	9,300
22.	One Assistant Librarian	5,280
23.	One Draftsman	5,280
24.	One Senior Stenographer	4,200

3. Sectorial Planning Section

25.	One Chief Analyst (Section Head)	15,600
26.	One Senior Analyst	13,200
27.	One Senior Analyst	13,200
28.	One Analyst	9,300
29.	One Analyst	9,300
30.	One Staff Assistant	5,280
31.	One Senior Stenographer aisa dc	4,200

4. Industry Planning Section

32.	One Chief Analyst (Section Head)	15,600
33.	One Senior Analyst	13,200
34.	One Senior Analyst	13,200
35.	One Analyst	9,300
36.	One Assistant Analyst	7,020
37.	One Staff Assistant	5,280
38.	One Clerk-Typist	3,600

5. Statistics Section

39.	One Chief Analyst (Section Head)	15,600
40.	One Senior Analyst	13,200
41.	One Analyst	9,300
42.	One Assistant Analyst	7,020
43.	Two Staff Assistants at P5,280	10,560
44.	One Clerk-Typist	3,600

D. PROJECT DEVELOPMENT DEPARTMENT

1. Office of the Director

45.	One Director	24,000
46.	One Senior Analyst	13,200
47.	One Analyst	9,300
48.	One Secretary	4,800

2. Agricultural Industries Section

49.	One Chief Analyst (Section Head)	15,600
50.	One Senior Analyst	13,200
51.	Two Analysts at P9,300	18,600
52.	One Assistant Analyst	7,020
53.	One Staff Assistant	5,280
54.	One Clerk-Typist	3,600

3. Chemical and Allied Processing Industries Section

55.	One Chief Analyst (Section Head)	15,600
56.	One Senior Analyst	13,200
57.	One Senior Analyst	13,200
58.	Two Analysts at P9,300	18,600
59.	One Analyst	8,400
60.	One Assistant Analyst	7,020
61.	One Staff Assistant	5,280
62.	One Clerk-Typist	3,600

4. Engineering, Metallurgical and Mining Industries Section

63.	One Chief Analyst (Section Head)	15,600
64.	Two Senior Analysts at P13,200	26,400
65.	One Analyst	9,300
66.	One Analyst	9,300
67.	One Assistant Analyst	7,200
68.	One Assistant Analyst	7,020
69.	One Staff Assistant	5,280
70.	One Clerk-Typist	3,600

E. PROJECT EVALUATION DEPARTMENT

1. Office of the Director

71.	One Director	24,000
72.	One Secretary	4,800

2. Engineering Section

73.	One Chief Analyst (Section Head)	15,600
74.	One Senior Analyst	13,200
75.	One Senior Analyst	13,200
76.	One Senior Analyst	13,200
77.	One Senior Analyst	13,200
78.	Two Analysts at P9,300	18,600
79.	One Assistant Analyst	7,200
80.	One Assistant Analyst	7,020
81.	One Staff Assistant	5,280
82.	One Clerk-Typist	3,600

3. Marketing and Distribution Section

83.	One Chief Analyst (Section Head)	15,600
84.	Three Senior Analysts at P9,300	39,600
85.	Two Analysts at P9,300	18,600
86.	Two Assistant Analysts at P7,020	14,040
87.	One Staff Assistant	5,280
88.	One Senior Stenographer	4,200

4. Finance Section

89.	One Chief Analyst (Section Head)	15,600
90.	One Senior Analyst	13,200
91.	Two Senior Analysts at P13,200	26,400
92.	Two Analysts at P9,300	18,600
93.	Three Analysts at P8,400	25,200
94.	One Assistant Analyst	7,020
95.	Two Staff Assistants at P5,280	10,560
96.	One Clerk-Typist	3,600

F. PROJECT ASSISTANCE AND SUPERVISION DEPARTMENT

1. Office of the Director and Legal Counsel

97.	One Director	24,000
98.	One Assistant Director	19,100
99.	One Liaison Officer	13,200
100.	One Secretary	4,800
101.	One Senior Stenographer	4,200

2. Legal Section

102.	One Legal Officer I (Section Head)	15,600
103.	Two Legal Officers II at P13,200	26,400
104.	One Legal Officer II	13,200
105.	Three Legal Officers III at P9,300	27,900
106.	Three Legal Officers at P7,200	21,600
107.	One Senior Stenographer	4,200

3. Processing Section

108.	One Chief Analyst (Section Head)	15,600
109.	One Senior Analyst	13,200
110.	One Analyst	9,300
111.	One Processing Clerk	3,600
112.	One Processing Clerk	3,600

4. Project Assistance Section

113.	One Chief Analyst (Section Head)	15,600
114.	One Senior Analyst	13,200
115.	One Senior Analyst	13,200
116.	Three Analysts at P9,300	27,900
117.	One Staff Assistant	5,280
118.	One Senior Stenographer	4,200

5. Project Supervision Section

119.	One Chief Analyst (Section Head)	15,600
120.	One Senior Analyst	13,200
121.	Two Senior Analysts at P13,200	26,400
122.	One Analyst	9,300
123.	Two Assistant Analysts at P7,020	14,040
124.	One Senior Stenographer	4,200

G. MANAGEMENT SERVICES

1. Administrative Office

125.	One Administrative Officer	15,600
126.	One Clerk-Typist	3,600

2. Budget and Finance Office

127.	One Budget Officer	14,400
128.	One Senior Budget Examiner	7,200
129.	One Cashier	7,020
130.	One Budget Examiner	7,020
131.	One Assistant Cashier	5,400
132.	One Clerk-Typist	3,600

3. Accounting Office

133.	One Chief Accountant	10,800
134.	One Assistant Chief Accountant	8,400
135.	One Accountant	7,020
136.	Two Accounting Clerks at P4,200	8,400
137.	One Clerk-Typist	3,600

4. Personnel Office

138.	One Personnel Officer	9,300
139.	One Personnel Clerk	4,200
140.	One Personnel Aide	3,600
141.	One Clerk-Typist	3,600

5. Records Office

142.	One Records Officer	9,300
143.	One Records Clerk	4,200
144.	One Clerk-Typist	3,600
145.	One Technical Utility Man	3,600

6. Property and Supply Office

146.	One Supply Officer	10,800
147.	One Property Custodian	4,200
148.	One Canvasser	4,200
149.	One Clerk-Typist	3,600
150.	One General Services Officer	9,300
151.	One Receptionist	3,600
152.	One Clerk-Typist	3,600
153.	One Clerk-Typist	3,600
154.	One Driver	2,700
155.	One Driver	2,700
156.	Two Drivers at P2,700	5,400
157.	One Telephone Operator	3,600
158.	Three Technicians (Utility Aide) at P3,000	9,000
159.	Six Messengers at P2,700	16,200

MISCELLANEOUS

160.	For salaries and wages of temporary
	and emergency employees, including
	technical men, skilled, semi-skilled
	and unskilled laborers who may be
	employed from time to time as the
	need of their services may require at
	rates in accordance with the Minimum
	Wage Law, R.A. No. 4180	50,000
161.	For employees' retirement and life
	insurance premiums	86,700
		————
	Total for personal services (202 positions)	P2,033,200
		————

II. MAINTENANCE AND OTHER OPERATING EXPENSES

1.	Traveling expenses	P100,000
2.	Supplies and materials	100,000
3.	Sundry expenses, including the commutable
	allowances of the Board Members,
	pursuant to the provisions of R.A. 5186,
	and other representation expenses	300,000

	Total for Maintenance and Other
	Operating Expenses	P500,000

III. EQUIPMENT

1.	Equipment Outlay, including the purchase
	of two automobiles, and two station
	wagons needed in carrying out the
	objective of R.A. 5186	P150,000

	Total for Equipment	P150,000

IV. SPECIAL PURPOSE

1.	For expenses to carry out project assistance
	and to conduct investment studies,
	seminars and surveys including salaries,
	additional compensation, honoraria to
	technical and other personnel for consultants,
	subject to the approval of the Board	P200,000

	Total for Special Purposes	P200,000

SUMMARY

	Total for salaries & wages	P2,033,200
	Total for sundry expenses	500,000
	Total for equipment	150,000
	Total for special purpose	200,000
	Total current operating expenditures
	for the Board of Investments
	(General Fund)	P2,883,200

SECTION 3. This Act shall take effect July first, Nineteen Hundred and Sixty-Eight.

Approved: September 30, 1968

Published in the Official Gazette, Vol. 65, No. 29, p. 7399 on July 21, 1969

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