Monthly Cash Count by Provincial Officials

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Act No. 752: Monthly Cash Count by Provincial Officials

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Title Source: Supreme Court: Monthly Cash Count by Provincial Officials

Law: Act No. 752

Decision Date: May 19, 1903

Act No. 752 mandates a monthly cash count by a committee of the provincial governor, supervisor, and secretary to ensure financial accountability of the provincial treasurer, with results certified to the Insular Auditor and Treasurer.

Law Summary

Certification and Reporting Requirements

The committee is required to certify in detail the result of the cash count and verification.
The certificate must be signed by all committee members.
Only two members can perform and validate the verification if a member is absent or disabled.
This certificate must be submitted to both the Insular Auditor and the Insular Treasurer.

Record-Keeping by the Provincial Board

A duplicate of the committee’s cash count certificate must be entered into the minutes of the provincial board for official record and transparency.

Legislative Expediency

The Act mandates its own expedited passage process due to public necessity, following the procedure outlined in a previous law prescribing the Commission's order of procedure for enacting laws.

Effectivity of the Act

The Act takes effect immediately upon its passage, ensuring rapid implementation of the cash counting and verification procedures.

END