REPUBLIC ACT NO. 1060 - AN
ACT INCREASING THE PENALTY FOR THE CRIME OF MALVERSATION OF PUBLIC
FUNDS OR PROPERTY, BY AMENDING ARTICLE TWO HUNDRED SEVENTEEN OF THE
REVISED PENAL CODE |
Section 1.
Article two hundred seventeen of the Revised Penal Code is amended to
read as follows: "Art. 217.
Malversation of public funds or property. – Presumption of
malversation. – Any public officer who, by reason of the duties of his
office, is accountable for public funds or property, shall appropriate
the same, or shall take or misappropriate shall consent, or through
abandonment or negligence, shall permit any other person to take such
public funds or property, wholly or partially, or shall otherwise be
guilty of the misappropriation or malversation of such funds or
property, shall suffer: "1. The penalty of prision correccional in its medium and maximum periods, if the amount involved in the misappropriation or malversation does not exceed two hundred pesos.cralaw "2. The penalty of prision mayor in its minimum and medium periods, if the amount involved is more than two hundred pesos but does not exceed six thousand pesos. "3. The penalty of prision mayor in its maximum period to reclusion temporal in its minimum period, if the amount involved is more than six thousand pesos but is less than twelve thousand pesos. "4. The
penalty of reclusion temporal in its medium and maximum periods, if the
amount involved is more than twelve thousand pesos but is less than
twenty-two thousand pesos. If the amount exceeds the latter, the
penalty shall be reclusion temporal in its maximum period to reclusion
perpetua.cralaw "In all cases, persons guilty of malversation shall also suffer the penalty of perpetual special disqualification and a fine equal to the amount of the funds malversed or equal to the total value of the property embezzled.cralaw "The failure of a public officer to have duly forthcoming any public funds or property with which he is chargeable, upon demand by any duly authorized officer, shall be prima facie evidence that he has put such missing funds or property to personal uses." Sec. 2. This Act shall take effect upon its approval.cralaw Approved: June 12, 1954 |