Law Summary
Presumption of Malversation
- Failure of a public officer to produce public funds or property upon demand by an authorized officer is considered prima facie evidence of personal use or misappropriation.
Penalties Based on Amount Involved
- If the amount involved does not exceed 200 pesos: Prision correccional (medium and maximum periods).
- If the amount is more than 200 pesos but does not exceed 6,000 pesos: Prision mayor (minimum and medium periods).
- If the amount is more than 6,000 pesos but less than 12,000 pesos: Prision mayor (maximum period) to reclusion temporal (minimum period).
- If the amount is more than 12,000 pesos but less than 22,000 pesos: Reclusion temporal (medium and maximum periods).
- If the amount exceeds 22,000 pesos: Penalty from reclusion temporal (maximum period) up to reclusion perpetua.
Ancillary Penalties
- Perpetual special disqualification from public office.
- A fine equal to the amount of the funds malversed or the total value of the property embezzled.
Effectivity of the Act
- The Act took effect immediately upon approval on June 12, 1954.