Section 93 of the General Appropriations Act of 2012 provides that the Transparency Seal contains the annual reports, as required by Department of Budget and Management (DBM) National Budget Circular (NBC) Nos. 507 (31 January 2007) and 507-A (12 June 2007), for the last three years. These DBM NBCs require all departments and agencies of the national government to submit the following annual Budget Execution Documents: Physical and Financial Plan, Monthly Cash Program, Estimate of Monthly Income, and List of Not Yet Due and Demandable Obligations.