Practice question
A government-acquired tax parcel is lawfully auctioned under 216 after proper notice. The officer deposits proceeds with the Treasury but refuses any accounting to the COA Chairman because the money was deposited correctly. Which is best?
- Treasury deposit automatically repeals the accounting clause.
- Deposit and the specified accounting are separate statutory requirements.
- Accounting is required only if the officer steals the money.
- Proceeds must instead go to the officer's family.
- The purchaser may waive all public accounting requirements.
Legal references
- NIRC Sections208-210,215-219: https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html
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