Submission of All Capital Investments and Expenditures on All PPA Projects for Review and Clearance
Letter of Instructions No. 734, issued on September 1, 1978, mandates that all capital investments and expenditures for ongoing projects of the Philippine Ports Authority (PPA) require prior review and clearance from the Office of the President and the Ministry of Budget before implementation. This directive aims to prevent confusion regarding disbursements of capital funds during the PPA's reorganization. Compliance with this instruction is expected to be immediate. The letter emphasizes the need for oversight in financial decisions related to the PPA’s projects.
Law Information
- Reference Number
- Letter of Instructions No. 734
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Letters of Instructions
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
September 1, 1978
LETTER OF INSTRUCTIONS NO. 734
| TO | : | The General Manager |
| Philippine Ports Authority | ||
| Intramuros, Manila | ||
| The Minister | ||
| Ministry of Budget | ||
| All Concerned |
In order to obviate possible confusion in the disbursements of capital funds on on-going projects of the Philippine Ports Authority pending its reorganization, it is instructed that, henceforth, all capital investments and expenditures on all projects of the Philippine Ports Authority be submitted for prior review and clearance to the Office of the President and the Ministry of the Budget before the same are implemented.
For immediate compliance.
DONE in the City of Manila, this 1st day of September, in the year of Our Lord, Nineteen Hundred and Seventy-Eight. cd
Cite This Law
Submission of All Capital Investments and Expenditures on All PPA Projects for Review and Clearance, Letter of Instructions No. 734, Sep 1, 1978 (Philippines)
Submission of All Capital Investments and Expenditures on All PPA Projects for Review and Clearance, Letter of Instructions No. 734 (Phil. 1978)
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