LETTER OF INSTRUCTIONS NO. 746

: The subject is Intelligence Funds.
: Intelligence and confidential funds in the budgets of agencies of the national government, except the Armed Forces of the Philippines and other agencies in the Ministry of National Defense, are released on a project basis as approved by the President.
: The Minister of the Budget automatically releases these funds.
: Funding for ongoing intelligence projects as of the beginning of the year shall be released by the Minister of the Budget only upon approval and recommendation of the Minister of National Defense, who must prepare an estimate of funding requirements for the year.
: Funding for projects approved in the course of the year shall be released by the Minister of the Budget only upon approval and recommendation of the Minister of National Defense.
: No, unprogrammed intelligence appropriations or amounts held in reserve shall not be released without the approval of the President.
: The Letter is addressed to the Minister of the Budget, the Minister of National Defense, and all others concerned.
: Total releases of intelligence funds shall not exceed the amount programmed for the purpose.
: Funds are released for itemized personal services positions and for the basic operating requirements of the agencies.
: The Minister of National Defense recommends and approves the release of funds for ongoing and new intelligence projects and prepares estimates of funding requirements for such projects.