Republic Act No. 3037: An act appropriating the sum of two hundred thousand pesos for the purchase of the rizal relics

In plain language

This act appropriates ₱200,000 from the National Treasury for the purchase of Rizal relics displayed at Fort Santiago Shrine and exempts the purchase from internal revenue taxes.

Appropriates ₱200,000 for the purchase of Rizal relics

Exempts the purchase price from internal revenue taxes

Authorizes the President to purchase and form a special committee

Effectivity upon approval

appropriation

tax exemption

cultural heritage

Rizal

Fort Santiago

REPUBLIC ACT No. 3037

An Act Appropriating the Sum of Two Hundred Thousand Pesos for the Purchase of the Rizal Relics

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

Section 1

The sum of two hundred thousand pesos is hereby appropriated, out of the funds in the National Treasury not otherwise appropriated, for the purchase of the Rizal relics now exhibit at the Fort Santiago Shrine.

Section 2

The purchase price of the Rizal relics shall be exempt from all internal revenue taxes.

Section 3

The President of the Philippines is authorized to purchase the said Rizal relics and may form a special committee for the purpose.

Section 4

This Act shall take effect upon its approval.

Approved: June 17, 1961.

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.