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Section 11 funds certified by the commission as

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Section 11. Funds certified by the Commission as necessary to defray the expenses for holdingregular and special elections, plebiscites, initiatives, referenda, and recalls, shall be provided in100
the regular or special appropriations and, once approved, shall be released automatically uponcertification by the Chairman of the Commission.D. THE COMMISSION ON AUDITSection 1. (1) There shall be a Commission on Audit composed of a Chairman and twoCommissioners, who shall be natural-born citizens of the Philippines and, at the time of theirappointment, at least thirty-five years of age, Certified Public Accountants with not less than tenyears of auditing experience, or members of the Philippine Bar who have been engaged in thepractice of law for at least ten years, and must not have been candidates for any electiveposition in the elections immediately preceding their appointment. At no time shall allMembers of the Commission belong to the same profession.(2) The Chairman and the Commissioners shall be appointed by the President with the consentof the Commission on Appointments for a term of seven years without reappointment. Of thosefirst appointed, the Chairman shall hold office for seven years, one Commissioner for five years,and the other Commissioner for three years, without reappointment. Appointment to anyvacancy shall be only for the unexpired portion of the term of the predecessor. In no case shallany Member be appointed or designated in a temporary or acting capacity.Section 2. (1) The Commission on Audit shall have the power, authority, and duty to examine,audit, and settle all accounts pertaining to the revenue and receipts of, and expenditures or usesof funds and property, owned or held in trust by, or pertaining to, the Government, or any of itssubdivisions, agencies, or instrumentalities, includinggovernment-owned or controlled corporations with original charters, and on a post- auditbasis: (a) constitutional bodies, commissions and offices that have been granted fiscalautonomy under this Constitution; (b) autonomous state colleges and universities; (c) othergovernment-owned or controlled corporations and their subsidiaries; and (d) such non-governmental entities receiving subsidy or equity, directly or indirectly, from or through theGovernment, which are required by law or the granting institution to submit to such audit as acondition of subsidy or equity. However, where the internal control system of the auditedagencies is inadequate, the Commission may adopt such measures, including temporary orspecial pre-audit, as are necessary and appropriate to correct the deficiencies. It shall keep thegeneral accounts of the Government and, for such period as may be provided by law, preservethe vouchers and other supporting papers pertaining thereto.

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