Transfer to Secretary of Finance of Certain Powers and Supervision of the Secretary of the Interior
Commonwealth Act No. 78, enacted on October 26, 1936, transfers the oversight of financial affairs of provincial, municipal, and city governments from the Secretary of the Interior to the Secretary of Finance. This includes the administration of real property assessments, appropriations, and the management of offices related to local treasurers and assessors. The Act aims to centralize financial supervision under the Department of Finance to enhance efficiency and accountability in local government financial operations. It takes effect immediately upon approval.
Law Information
- Reference Number
- Commonwealth Act No. 78
- Date Enacted
- Category
- Statutes
- Subcategory
- Commonwealth Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
October 26, 1936
COMMONWEALTH ACT NO. 78
AN ACT TRANSFERRING TO THE SECRETARY OF FINANCE THE POWERS AND SUPERVISION HERETOFORE EXERCISED BY THE SECRETARY OF THE INTERIOR OVER THE FINANCIAL AFFAIRS AND FINANCIAL AGENCIES OF PROVINCIAL, MUNICIPAL AND CITY GOVERNMENTS
SECTION 1. The powers and administrative supervision heretofore exercised by the Secretary of the Interior over the assessment of real property, appropriation, and other financial affairs of provincial, municipal and city governments and over the offices of provincial, municipal and city treasurers and provincial and city assessors are hereby transferred to the Secretary of Finance.
SECTION 2. This Act shall take effect upon its approval.
Approved: October 26, 1936
Cite This Law
Transfer to Secretary of Finance of Certain Powers and Supervision of the Secretary of the Interior, Commonwealth Act No. 78, Oct 26, 1936 (Philippines)
Transfer to Secretary of Finance of Certain Powers and Supervision of the Secretary of the Interior, Commonwealth Act No. 78 (Phil. 1936)
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