Appropriation of Funds for the Philippine Deposit Insurance Corp.
Republic Act No. 4083, enacted on June 18, 1964, allocates five million pesos from the General Fund to establish a permanent insurance fund for the Philippine Deposit Insurance Corporation (PDIC). This fund is intended to support the objectives outlined in Republic Act No. 3591. The Act stipulates that it will take effect upon approval, with its publication in the Official Gazette occurring on March 1, 1965.
Law Information
- Reference Number
- Republic Act No. 4083
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 18, 1964
REPUBLIC ACT NO. 4083
AN ACT APPROPRIATING FIVE MILLION PESOS FROM THE GENERAL FUND AS A PERMANENT INSURANCE FUND FOR THE PHILIPPINE DEPOSIT INSURANCE CORPORATION
SECTION 1. There is hereby appropriated from the General Fund the amount of five million pesos to constitute the permanent insurance fund created under the provisions of Section ten (a) of Republic Act Numbered Thirty-five hundred ninety-one, to be used by the Philippine Deposit Insurance Corporation to carry out the purposes of the aforesaid Act.
SECTION 2. This Act shall take effect upon its approval.
Approved: June 18, 1964
Published in the Official Gazette, Vol. 61, No. 9, p. 1168 on March 1, 1965
Cite This Law
Appropriation of Funds for the Philippine Deposit Insurance Corp., Republic Act No. 4083, Jun 18, 1964 (Philippines)
Appropriation of Funds for the Philippine Deposit Insurance Corp., Republic Act No. 4083 (Phil. 1964)
Related Laws
- Charter of the Philippine Deposit Insurance Corp.Republic Act No. 3591 • Jun 22, 1963 • Statutes
- Amending R.A. No. 3591 (PDIC Charter) Re: Increased Maximum Deposit Insurance Coverage of PDICRepublic Act No. 9576 • Apr 29, 2009 • Statutes
- Appropriation of Funds for Rehabilitation of Domestic Insurance CompaniesRepublic Act No. 353 • Jun 4, 1949 • Statutes
- Amending R.A. No. 3591 Re: Establishment of the Philippine Deposit Insurance Corp.Presidential Decree No. 1897 • Feb 11, 1984 • Presidential Issuances
- Amending R.A. No. 3591 As Amended Re: Increased Capitalization of the Philippine Deposit Insurance Corp.Presidential Decree No. 1985 • Oct 4, 1985 • Presidential Issuances
- Amending R.A. No. 3591 As Amended (Establishment of Philippine Deposit Insurance Corp.)Presidential Decree No. 120 • Jan 29, 1973 • Presidential Issuances
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