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Republic Acts

AN ACT APPROPRIATING THE SUM OF TWO BILLION FOUR HUNDRED FIFTY MILLION TWO HUNDRED SIXTY-EIGHT THOUSAND PESOS (P2

Republic Act No. 9007

Republic of the Philippines
CONGRESS OF THE PHILIPPINES
Metro Manila

Eleventh Congress
Third Regular Session


Begun and held in Metro Manila, on Monday, the twenty-fourth day of July, two thousand.

REPUBLIC ACT NO. 9007 February 21, 2001

AN ACT APPROPRIATING THE SUM OF TWO BILLION FOUR HUNDRED FIFTY MILLION TWO HUNDRED SIXTY-EIGHT THOUSAND PESOS (P2,450,268,000) TO FUND THE HOLDING OF THE NATIONAL AND LOCAL ELECTIONS IN 2001 AND FOR OTHER PURPOSES

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

Section 1. Appropriations. - The sum of Two billion four hundred fifty million two hundred sixty-eight thousand pesos (P2,450,268,000) is hereby appropriated to fund the holding of the national and local elections in 2001, of which One billion three hundred forty million two hundred eighty-seven thousand pesos (P1,340,287,000) shall be for personal services and One billion one hundred nine million nine hundred eighty-one thousand pesos (P1,109,981,000) for maintenance and other operating expenses.

Section 2. Release and Use of Funds. - The amount shall be released to the...

Summary of Republic Act No. 9007

Appropriation of Funds for the 2001 National and Local Elections
- An amount of Two billion four hundred fifty million two hundred sixty-eight thousand pesos (P2,450,268,000) is appropriated to fund the holding of the national and local elections in 2001. (Section 1)
    - One billion three hundred forty million two hundred eighty-seven thousand pesos (P1,340,287,000) is allocated for personal services.
    - One billion one hundred nine million nine hundred eighty-one thousand pesos (P1,109,981,000) is allocated for maintenance and other operating expenses.

Release and Use of Funds
- The appropriated amount shall be released to the Commission on Elections (COMELEC). (Section 2)
- The funds shall be used for the purpose intended in accordance with existing accounting and auditing rules and regulations. (Section 2)

Effectivity
- This Act shall take effect beginning January 1, 2001. (Section 3)

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