Remittances of Fines, Money Exhibits, Proceeds from Sale of Exhibits, Forfeited Cash Bonds and Net Interest Income
OCA Circular No. 26-2018 provides guidelines for remitting various financial proceeds related to court cases, including fines, money exhibits, and forfeited cash bonds. It specifies the legal bases and corresponding fund accounts for different categories, such as the General Fund for exhibit money in drug cases and the Special Allowance for the Judiciary Fund for administrative fines. The circular also addresses the proceeds from the sale of exhibits and fines related to municipal ordinance violations. Notably, the remittance of net interest income from the Sheriff's Trust Fund is currently on hold pending new guidelines. Compliance with these directives is mandatory for relevant court officials.
Quick Answers
- What is Remittances of Fines, Money Exhibits, Proceeds from Sale of Exhibits, Forfeited Cash Bonds and Net Interest Income about?
- OCA Circular No. 26-2018 provides guidelines for remitting various financial proceeds related to court cases, including fines, money exhibits, and forfeited cash bonds. It specifies the legal bases and corresponding fund accounts for different categories, such as the General Fund for exhibit money in drug cases and the Special Allowance for the Judiciary Fund for administrative fines. The circular also addresses the proceeds from the sale of exhibits and fines related to municipal ordinance violations. Notably, the remittance of net interest income from the Sheriff's Trust Fund is currently on hold pending new guidelines. Compliance with these directives is mandatory for relevant court officials.
- What type of law is OCA Circular No. 26-2018?
- Remittances of Fines, Money Exhibits, Proceeds from Sale of Exhibits, Forfeited Cash Bonds and Net Interest Income (OCA Circular No. 26-2018) is a Philippine Supreme Court Issuances enacted by the Congress of the Philippines.
- When was Remittances of Fines, Money Exhibits, Proceeds from Sale of Exhibits, Forfeited Cash Bonds and Net Interest Income enacted?
- Remittances of Fines, Money Exhibits, Proceeds from Sale of Exhibits, Forfeited Cash Bonds and Net Interest Income (OCA Circular No. 26-2018) was enacted on Feb 13, 2018.
- What is the citation for Remittances of Fines, Money Exhibits, Proceeds from Sale of Exhibits, Forfeited Cash Bonds and Net Interest Income?
- Remittances of Fines, Money Exhibits, Proceeds from Sale of Exhibits, Forfeited Cash Bonds and Net Interest Income, OCA Circular No. 26-2018, Feb 13, 2018 (Philippines)
Law Information
- Reference Number
- OCA Circular No. 26-2018
- Date Enacted
- Category
- Supreme Court Issuances
- Subcategory
- Office of the Court Administrator Circulars
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
February 13, 2018
OCA CIRCULAR NO. 26-2018
| TO | : | Executive/Presiding Judges, Clerks of Court/Officers-in-Charge/Accountable Officers and Sheriffs of the Second Level Courts |
| SUBJECT | : | Remittances of Fines, Money Exhibits, Proceeds from Sale of Exhibits, Forfeited Cash Bonds and Net Interest Income |
Numerous queries have been brought to the attention of this Office as to the proper remittance of fines, money exhibits, proceeds from sale of exhibits, forfeited cash bonds and net interest income.
In this regard, the Fiscal Monitoring Division, Court Management Office, Office of the Court Administrator, provided the following information as to the proper remittance of the same:
|
PARTICULARS |
LEGAL BASIS |
FUND ACCOUNT |
|
Exhibit Money in Drugs Cases |
OCA Circular No. 71-2017 dated 27 March 2017 |
General Fund (GF) |
|
Fines imposed in Administrative Matters, Violation of Rules & Contempt Proceedings |
R.A. No. 9227 (Creation of SAJF vice GF) dated 23 October 2003 |
Special Allowance for the Judiciary Fund (SAJF) |
|
Fines for violation of Municipal/City Ordinances |
OCA Circular No. 10-2002 dated 5 February 2002 |
Issuing LGU |
|
Forfeited Bail Bonds |
A.M. No. 05-3-35-SC dated 18 January 2011 |
General Fund (GF) |
|
Net Interest Income on Fiduciary Fund |
A.M. No. 05-3-35-SC dated 18 January 2011 |
General Fund (GF) |
|
Proceeds of the Crime and the Instruments or Tool (including Exhibit Money and Fines imposed as Penalty for the Crime committed) |
Article 45, Revised Penal Code and Special Laws (unless otherwise provided) |
General Fund (GF) |
|
Proceeds from Sale of Exhibits and Fines imposed in Drugs Cases |
OCA Circular No. 71-2017 dated 27 March 2017 |
Dangerous Drugs Board |
|
Proceeds from Sale of Court Records, Papers and Exhibits subject of the Disposal and/or Destruction |
Administrative Order No. 170-2008 dated 11 November 2008 and OCA Circular No. 14-2016 (No. 1 (d), A.M. No. 07-3-09-SC) |
Judiciary Development Fund (JDF) |
However, the withdrawal and remittance of the net interest income generated from the Sheriff's Trust Fund (STF) shall be held in abeyance until such time that the new guidelines on the STF have been approved. HCaDIS
For your information and strict compliance.
(SGD.) JOSE MIDAS P. MARQUEZCourt Administrator
Cite This Law
Remittances of Fines, Money Exhibits, Proceeds from Sale of Exhibits, Forfeited Cash Bonds and Net Interest Income, OCA Circular No. 26-2018, Feb 13, 2018 (Philippines)
Remittances of Fines, Money Exhibits, Proceeds from Sale of Exhibits, Forfeited Cash Bonds and Net Interest Income, OCA Circular No. 26-2018 (Phil. 2018)
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