Deposit and accounting of gov~t product revenues

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Act No. 174: Deposit and accounting of gov~t product revenues

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Title Source: Supreme Court: Deposit and accounting of gov~t product revenues

Law: Act No. 174

Decision Date: Jul 17, 1901

An Act requiring government officers in charge of institutions supported by insular revenues to deposit all revenues derived from sales and submit accounts to the Auditor, ensuring transparency and accountability in the handling of funds.

Law Summary

Appropriations Governing Expenditures Related to Government Property or Institutions

All expenditures for government property or institutions, including operating costs and production costs for saleable articles, must follow appropriations made by the Philippine Commission.
These appropriations are regulated according to designated rules under Act Numbered Ninety.

Specific Application to Certain Government Institutions

The Act explicitly applies to Bilibid Prison and all other prisons supported by the Insular Government.
It also covers the Refrigerating and Cold Storage Plant located in Manila.
The Government farm at San Ramon, Zamboanga, and all other institutions or offices falling under the scope of government properties generating revenue are included.

Expedited Enactment for Public Good

The law's passage was expedited due to the urgent public need.
This expedited procedure followed section two of the law prescribing order of procedure by the Philippine Commission.

Effective Date

The Act took effect immediately upon its passage on July 17, 1901.

END