DBM Circular on Fund Transfers to OUs

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DBM NATIONAL BUDGET CIRCULAR NO. 488: DBM Circular on Fund Transfers to OUs

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Title Source: Supreme Court: DBM Circular on Fund Transfers to OUs

Law: Dbm National Budget Circular No. 488

Decision Date: May 22, 2003

DBM National Budget Circular No. 488 establishes revised procedures for the transfer of funds for Centrally Managed Items to Operating Units, mandating the discontinuation of cash support via funding checks and requiring transfers to be executed through Sub-Allotment Advice.

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