271059/271347/E-02472/E-04036 Representative Edcel C. Lagman, substituted by Albay First District Representative Krisel B. Lagman, et al. Vs. The Congress of the Philippines, et al./Aquilino “Koko” Pimentel III and Pantaleo “Bebot” Alvarez Vs. Lucas P. Bersamin, in his capacity as executive secretary, and Amenah F. Pangandaman, in her capacity as secretary of the Department of Budget and Management/Filipinos for Peace, Justice and Progress Movement, Inc. (FPJPM), represented by its president and chairperson, Joseph F. Cadsawan, and Gloria T. Puzon, chapter Officer Vs. The House of Representatives, et al./Edgar R. Erice and Leila De Lima Vs. The Senate of the Philippines, et al. — Official PDF

Decision 101 G.R. Nos. 271059, 271347, E-02472 and E-04036 shall be devoted to administrative functions of the Commission; at least ten percent (10%) shall be earmarked as part of the Fund's capital, and the balance shall be used for its programs and projects; 4) The Commission shall organize· a •separate staff, administratively independent of the secretariat, to be headed by a comptroller appointed by and directly responsible and accountable to the Commission; 5) There shall be an external auditor to perform . an annual audit of its performance; .. • 6) The Fund shall be exempt from pre-audit by the Commission on Audit.406 SECTION 50. National Endowment.for Culture and the Arts. - The sum of Five hundred million pesos (P500,000,000.00) shall be contributed by the Philippine Amusement and Gaming Corporation (PAGCOR) and/or General Appropriations at the minimum rate of One hundred million pesos (Pl 00,000,000.00) per year for five (5) years towards the establishment of a National Endowment for Culture and the Arts. Said amount shall be kept separate and deposited in a special account in the Bureau of the Treasury specifically earmarked for culture and the arts.407 Philippine Space Agency408 SECTION 22. Philippine Space Development_ Fund. - There is hereby created the Philippine Space Development Fund to be used exclusively for the PhilSA. The 'Philippine Space Development Fund shall be administered by the Director Geri.era! of the Phi!SA 111 accordance with existing government budgeting, accounting and auditing rules and regulations. The Philippine Space Development Fund shall be sourced from the following: (a) The amount of Ten billion pesos (PI 0,000,000,000.00) to be taken from the share of the National Government in the gross income of the Philippine Amusement and Gaming Corporation (PAGCOR) and the BCDA for five (5) years after the effectivity of this Act, an amount of Two billion pesos (P2,000,000,000.00) per year shall be released • to the Phi!SA. The entire amount of Ten billion pesos (Pl 0,000,000,000.00), including any interest income thereon, shall be used exclusively for capital outlay; ' L____~____________L~~~~/ 406 Republic Act No. 7356 (1992), sec. 20. 407 Republic Act No. I 0066 (2009), sec. 50. 408 Republic Act No. 11363 (2019), sec. 22.