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Act
Approved June 16, 1956More laws from 1956 →

Republic Act No. 1499

An act appropriating the sum of one million pesos from the proceeds of the sale of bond issues under republic act numbered one thousand for the purchase of animals to be used for "operation livestock dispersal"

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In plain language

This act appropriates one million pesos from bond sales for the purchase of animals to be distributed to indigent farmers through Operation Livestock Dispersal under the Department of Agriculture and Natural Resources.

REPUBLIC ACT No. 1499

An Act Appropriating the Sum of One Million Pesos from the Proceeds of the Sale of Bond Issues Under Republic Act Numbered One Thousand for the Purchase of Animals to be Used for "Operation Livestock Dispersal"

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

Section 1

There is hereby appropriated out of any proceeds from the sale of bond issues under Republic Act Numbered One thousand the sum of one million pesos with which to purchase animals for the implementation of the plan known as "Operation Livestock Dispersal" by which animals are distributed to indigent deserving farmers under such terms and conditions as may be prescribed by the Secretary of Agriculture and Natural Resources.

Section 2

This sum shall be disbursed by the Director of Animal Industry upon approval of the Secretary of Agriculture and Natural Resources.

Section 3

This Act shall take effect upon its approval.

Approved: June 16, 1956.

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.