Question & AnswerQ&A (Act No. 174)
The main purpose of Act No. 174 is to require the deposit in the Insular Treasury and accounting for all revenues derived from the sales of products grown or articles fabricated by officers in charge of government property or institutions, which receive support from insular revenues.
They must render accounts-current and vouchers to the Auditor for the Archipelago.
The Act takes effect from its passage on July 17, 1901, and applies from July 1, 1901, onward.
They must deposit such receipts of revenue in full, without any deduction, with the Treasurer of the Islands.
All expenditures must be pursuant to appropriations made by the Philippine Commission, as provided by specific rules of Act Numbered Ninety.
Bilibid Prison and all other prisons supported by the Insular Government, the Refrigerating and Cold Storage Plant at Manila, the Government farm at San Ramon, Zamboanga, and all other institutions or offices coming within the scope of Section 1.
Rules two, twenty-one, and fifty-three of Act Numbered Ninety are referenced for rendering accounts and depositing revenues.
Rules twenty-five, twenty-six, fifty-four, and fifty-five of Act Numbered Ninety govern appropriations and expenditures.
No, the Act requires that receipts of revenue be deposited in full without any deduction.
Act No. 174 was enacted by the United States Philippine Commission by the authority of the President of the United States.
The Act was expedited due to the public good requiring its speedy enactment, in accordance with section two of "An Act prescribing the order of procedure by the Commission in the enactment of laws."