Republic Acts1 min read
Section 21Sec./Art. 21
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PSRTI Endowment Fund. The existing SRTC Endowment Fund shall be transferred to the PSRTI and serve as the initial PSRTI endowment fund. The PSRTI is authorized to accept into its endowment fund any contributions, donations, bequests, grants and loans from domestic and/or foreign sources, government appropriations and other incomes accruing from the operations of the PSRTI, for purposes of executing its mandate and functions.
The amount necessary to augment the endowment fund shall be included in the annual General Appropriations Act.
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