Abolition of Special and Fiduciary Funds

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PRESIDENTIAL DECREE NO. 711: Abolition of Special and Fiduciary Funds

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Title Source: Supreme Court: Abolition of Special and Fiduciary Funds

Law: Presidential Decree No. 711

Decision Date: May 27, 1975

Presidential Decree No. 711 abolishes all special and fiduciary funds in the Philippines, transferring their assets and liabilities to the General Fund to facilitate the implementation of government programs and projects.

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