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Republic Act
Approved June 9, 1966

Republic Act No. 4648

An act appropriating one hundred forty million pesos in payment for the subscription of the philippine government to the capital stock of the asian development bank

An Act Appropriating One Hundred Forty Million Pesos in Payment for the Subscription of the Philippine Government to the Capital Stock of the Asian Development Bank

In plain language

The Republic Act appropriates 140 million pesos for the Philippine Government's subscription to the Asian Development Bank's capital stock.

  • Appropriates 140 million pesos for subscription.
  • Act takes effect upon approval.
appropriation
Asian Development Bank
capital stock

REPUBLIC ACT No. 4648

An Act Appropriating One Hundred Forty Million Pesos in Payment for the Subscription of the Philippine Government to the Capital Stock of the Asian Development Bank

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

Section 1

There is hereby appropriated, out of any funds in the National Treasury not otherwise appropriated, one hundred forty million pesos to be used exclusively in payment for the subscription of the Republic of the Philippines to the capital stock of the Asian Development Bank in accordance with the provisions of the agreement establishing the Asian Development Bank.

Section 2

This Act shall take effect upon its approval.

Approved: June 9, 1966.

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.