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Act
Approved September 8, 1955

Republic Act No. 1406

An act appropriating the sum of fifty million pesos, out of the proceeds of the bond issue authorized by republic act numbered one thousand, to finance the establishment of one or more pig iron smelting plants by the national shipyards and steel corporation, and to provide said corporation with operating capital.

AN ACT APPROPRIATING THE SUM OF FIFTY MILLION PESOS, OUT OF THE PROCEEDS OF THE BOND ISSUE AUTHORIZED BY REPUBLIC ACT NUMBERED ONE THOUSAND, TO FINANCE THE ESTABLISHMENT OF ONE OR MORE PIG IRON SMELTING PLANTS BY THE NATIONAL SHIPYARDS AND STEEL CORPORATION, AND TO PROVIDE SAID CORPORATION WITH OPERATING CAPITAL.

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In plain language

Republic Act No. 1396 appropriates fifty million pesos from the bond issue authorized by RA 1000 to finance the establishment of pig iron smelting plants and provide operating capital for the National Shipyards and Steel Corporation.

  • Appropriated 50M pesos from bond issue authorized by RA 1000
  • 45M for pig iron smelting plant establishment
  • 5M for initial operating expenses
  • Only one plant to be established initially
  • Coal must be native if needed
  • Site determination by National Economic Council
Finance
Industrial Development
Steel

REPUBLIC ACT No. 1406

An Act to Amend in Certain Particulars Commonwealth Act Numbered Three Hundred and Thirty-Eight, Known as the Charter of the City of Tagaytay

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

Section 1

The second paragraph of section six of Commonwealth Act Numbered Three hundred and thirty-eight, as amended, otherwise known as the Charter of the City of Tagaytay, is further amended to read as follows:

"The mayor shall receive a compensation of six thousand pesos per annum. The city secretary shall receive a compensation of two thousand four hundred pesos per annum. The members of the city council, including the vice-mayor, shall each receive a per diem of ten pesos for each day of attendance at the session of the city council.

Section 2

A new section is hereby inserted between sections ten and eleven of the same Act, to be known as section ten-A, which shall read as follows:

"Sec. 10-A. Relations between the City of Tagaytay and the Province of Cavite. The City of Tagaytay shall continue as part of the representative district of the Province of Cavite. The voters of the city shall be entitled to vote in the election of the elective provincial officials of the province.

Section 3

Paragraph (g) of section eleven of the same Act, as amended, is further amended to read as follows:

"(g) He shall appoint, in accordance with the Civil Service Law, all employees of the office of the mayor, and all heads and assistant heads of departments, and employees and laborers of the city which may be provided for by law or ordinance, and, at any time, for cause, he may suspend any such officer or employee thus appointed for a period not exceeding ten days, which suspension may continue for a longer period if approved by the Department Head; and by and with the consent of the Department Head may discharge any such officer or employee.

Section 4

This Act shall take effect upon its approval.

Approved: September 9, 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.