Reversion of Dormant Govt. Funds to Treasury

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EXECUTIVE ORDER NO. 431: Reversion of Dormant Govt. Funds to Treasury

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Title Source: Supreme Court: Reversion of Dormant Govt. Funds to Treasury

Law: Executive Order No. 431

Decision Date: May 30, 2005

An executive order in the Philippines mandates the transfer of dormant accounts and unnecessary funds to the National Treasury, aiming to comply with constitutional provisions and existing laws regarding the transfer of funds to the general funds of the government, in order to ease fiscal pressures and facilitate the implementation of programs and projects.

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