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PURPOSE : To supplement COA Circulars No. 76-25 and 76-25A dated March 31, 1976 and
June 30, 1976, respectively, so as to include within their coverage, subject to
modifications herein stated, payment of additional/extra compensation to officials
and employees of government-owned and/or controlled corporations and provide
a uniform accounting treatment and prescribe a system of processing the same.
SCOPE : The regulations prescribed in this supplementary Circular shall cover payments
of additional compensations the sources of which are derived from funds of
government-owned or controlled corporations as well as private sources for
service rendered and/or allowances given for activities which are connected with
the regular duties or functions of the official or employee concerned.
In line with the general policies prescribed in COA Circular No. 76-25 dated March 31,
1976, as re-stated/amended by COA Circular No. 76-25A dated June 30, 1976, the following
regulations are hereby prescribed for payment of additional compensation out of the funds of
government-owned or controlled corporations.
4. The additional compensations herein treated whether or not the same are subject
to the 50% limitation shall be remitted by the paying entity to the office of the
recipient official or employee in line with the procedure prescribed in Items 3 and 4
of the Statement of Policies under COA Circular No. 76-25A dated June 30, 1976.
All circulars, orders, memoranda and existing rules and regulations in conflict herewith
are hereby revoked or amended accordingly.
This Circular shall take effect on July 1, 1976. Thus, the honorarium or additional
compensation received from July 1, 1976 to December 31, 1976, shall not exceed the salary for
the same six-months period. However, from January 1, 1977 to December 31, 1977 and
succeeding years, the 50% limitation shall be computed on the basis of the regular annual
salary of the grantee. Strict compliance with this Circular by all concerned is hereby enjoined.