Republic Act No. 1338: Republic act no. 1328

In plain language

An act amending Republic Act No. 632 to enlarge the powers, functions, and duties of the Philippine Sugar Institute, providing for its financing and other purposes.

Amendment to Section two of RA 632

Pursuit of research for sugar industry efficiency

Improvement of methods of sugar cane raising and manufacturing

Ensuring balanced production and consumption of sugar

Promotion of domestic and foreign marketing of sugar

Improvement of living and economic conditions of laborers

Financing of sugar industry activities

Establishment of central and regional experimental stations

Purchase of machinery and equipment for research

Expansion of domestic and foreign markets for sugar

Purchase, sale, and leasing of equipment and transportation means

Borrowing and issuance of bonds to meet financial needs

Provision of credit facilities to growers and millers

Contract execution with various entities

General powers of the corporation as per Corporation Law

Special fund creation for Sugar Research and Stabilization Fund

Agriculture

Sugar Industry

Philippines

Legislation

Republic Act

REPUBLIC ACT No. 1338

An Act Appropriating the Sum of Four Hundred Thousand Pesos as Additional Fund to Carry Out the Purposes of Republic Act Numbered Ten Hundred Eighty-Two for the Fiscal Year Nineteen Hundred Fifty-Five to Nineteen Hundred Fifty-Six

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

Section 1

The sum of four hundred thousand pesos is appropriated, out of any funds in the National Treasury not otherwise appropriated, as additional fund to carry out the purposes of Republic Act Numbered Ten hundred eighty-two for the fiscal year nineteen hundred fifty-five to nineteen hundred fifty-six.

Section 2

This Act shall take effect upon its approval.

Approved: June 16, 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.