Timing and Coverage of Annual Reports
- All government officers required by law to submit annual imports and statements must do so as soon as possible after January 1 each year.
- These reports shall cover the twelve-month period ending the previous December 31.
- The reports for January 1914 will cover only six months, from July 1, 1913, to December 31, 1913.
- Official copies of all reports must be filed both in Spanish and English with the Executive Secretary, who will then submit them to the Philippine Legislature at the start of each regular session.
Interpretation of Fiscal Year References in Existing Laws
- Any reference to a fiscal year ending June 30 in Philippine public laws before this act shall be interpreted as referring to the new fiscal year ending December 31 for any period after December 31, 1913.
- References to "June 30" as the fiscal year's end shall be read as "December 31" for construction and interpretation purposes following this change.
Transition and Fiscal Year Numbering
- The fiscal year 1913 will end on December 31, 1913.
- The fiscal year starting January 1, 1914, shall be called "the new fiscal year 1914."
- Subsequent fiscal years will be numbered according to the calendar year (e.g., 1915, 1916, etc.).
Repeal of Inconsistent Laws
- All previous acts or parts thereof inconsistent with the provisions of this act are repealed to the extent of the inconsistency.
Effectivity
- This act became effective immediately upon its passage on December 19, 1913.