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Section 51. Appropriations and Use of Fees, Charges and Penalties - Philippine Competition Act

Section 51. Appropriations and Use of Fees, Charges and Penalties of Philippine Competition Act. Section 51. Appropriations and Use of Fees, Charges and Penalties. - The initial budgetary requirements of the Commission of three hundred millio

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

Philippine Competition Act

Section 51. Appropriations and Use of Fees, Charges and Penalties. - The initial budgetary requirements of the Commission of three hundred million pesos (P300,000,000.00) is hereby appropriated.

  • All fees, fines, penalties collected by the Commission shall not be retained by the Commission, but will be remitted to the National Treasury and shall accrue to the general funds.

    • Such funds necessary for the continuous and effective operation of the Commission shall be included in the annual General Appropriations Act.

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