Republic Act 9501: Magna Carta for

Micro, Small and Medium Enterprises

SEC. 11. A new section is hereby inserted after Section 9 of the same Act, as
amended, and numbered as Section 9 to read as follows:

“SEC. 9. Appropriations. – to finance its activities and operational expenses, the

Council shall have a separate annual appropriation approved by the Department
of Trade and Industry (DTI) which shall be provided in the General Appropriation
Act starting in the fiscal year immediately following the approval of this Act. The
Council may also accept contributions from the private sector.”