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Section 29. Loan Proceeds - Administrative Code of 1987

Section 29. Loan Proceeds of Administrative Code of 1987. Section 29. Loan Proceeds. - Expenditures funded by foreign and domestic borrowings shall be included within the expenditure program of the agenc

  • Subjects 9 Bar syllabus groups
  • Codals 48 Primary legal sources

Administrative Code of 1987

Section 29. Loan Proceeds. - Expenditures funded by foreign and domestic borrowings shall be included within the expenditure program of the agency concerned. Loan proceeds, whether in cash or in kind, shall not be used without the corresponding release of funds through a Special Budget as herein provided.

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