Republic Act No. 174: An act to authorize the printing and issuance of semi-postal stamps for the rehabilitation of the national library

In plain language

This law authorizes the Director of Posts to print and issue semi-postal stamps to raise funds for the rehabilitation of the National Library, with proceeds deposited in the National Treasury and allocated to a special fund.

Authorizes printing and issuance of semi-postal stamps

Proceeds are deposited with the National Treasury

Funds are allocated to a special fund for library rehabilitation

stamps

library

fundraising

public procurement

REPUBLIC ACT No. 174

An Act to Authorize the Printing and Issuance of Semi-Postal Stamps for the Rehabilitation of the National Library

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

Section 1

To raise funds for the rehabilitation of the National Library, the various collections of which were practically wiped out during the war, the Director of Posts, subject to the approval of the Department Head, is hereby authorized to order the printing and issuance of semi-postal stamps with a face value showing the regular postage charge plus the additional amount destined for the purpose for which issued. The additional amount realized from the sale of these semi-postal stamps shall be deposited with the National Treasury or his deputies, to be disbursed in favor of the special fund for which the stamps were issued, subject to the usual accounting and auditing regulations.

Section 2

This Act shall take effect upon its approval.

Approved: June 20, 1947.

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.