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Philippine Law
Approved June 14, 1955More laws from 1955 →

Republic Act No. 1278

An act appropriating an additional sum of twenty-three million pesos as counterpart fund to carry out the purposes of republic act numbered six hundred and four

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In plain language

This act appropriates twenty-three million pesos as an additional counterpart fund to implement Republic Act Numbered 604. These funds remain available for expenditure until exhausted, even after June 30, 1957.

REPUBLIC ACT No. 1278

An Act Appropriating an Additional Sum of Twenty-Three Million Pesos as Counterpart Fund to Carry Out the Purposes of Republic Act Numbered Six Hundred and Four

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

The sum of twenty-three million pesos is hereby appropriated, out of any funds in the National Treasury not otherwise appropriated, as additional Counterpart Fund to carry out the purposes of Republic Act Numbered Six hundred and four.1âшphi1

Section 2

This appropriation shall be available for expenditure until exhausted even after June thirty, nineteen hundred and fifty-seven.

Section 3

This Act shall take effect July first, nineteen hundred fifty-six.

Approved: June 14, 1955.

For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.