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Presidential Decree No. 1702 amending Section 3 of Republic Act No. 3601, as Amended by Presidential Decree No. 552.

Pays/Territoire
Philippines
Type du document
Règlement
Date
1980
Source
FAO, FAOLEX
Sujet
Eau
Mot clé
Irrigation Institution
Aire géographique
Asie, Asie et Pacifique, East Asian Seas, Pacifique Nord, Asie du Sud-Est
Entry into force notes
This Decree enters into force immediately.
Résumé

Section 3 of Republic Act No. 3601, as amended by Presidential Decree No. 552, is amended as follows: a) Capitalization. The authorized capital stock of the National Irrigation Administration shall be ten billion pesos, which shall be subscribed and paid entirely by the Government of the Republic of the Philippines. The amount is hereby appropriated for the purpose out of any funds in the Treasury not otherwise appropriated: Provided, That only such amounts as are actually necessary for the implementation of projects of the Administration shall be released as payments on capital subscriptions, subject to approval of the President as provided by pertinent budget laws. b) Operating Capital. All amounts collected by the National Irrigation Administration as irrigation fees, administration charges, drainage fees, equipment rentals, proceeds from the sale of unserviceable equipment and materials, sale of all reparation goods allocated to the defunct Irrigation Service Unit and the National Irrigation Administration, and all other income shall be added to its operating capital. The National Irrigation Administration is authorized to impose as an administration and engineering overhead charge, 5% of the total cost of projects undertaken by it, which shall likewise form part of its operating capital.

Texte intégral
Anglais
Site web
www.nia.gov.ph

Références - Législation

Amende

Republic Act No. 3601 creating the National Irrigation Commission.

Législation | Philippines | 1963

Mot clé: Irrigation, Institution

Source: FAO, FAOLEX