REPUBLIC ACT NO. 1098 - AN ACT APPROPRIATING THE SUM OF ONE MILLION PESOS AS WORKING CAPITAL OF THE PRISON INDUSTRIES AND SALVAGE WAREHOUSE REVOLVING FUND, AND PROVIDING FOR ITS ANNUAL AMORTIZATION WITHIN THE PERIOD OF TEN YEARS.
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:
SECTION 1. The sum of one million pesos is hereby appropriated out of any funds in the National Treasury not otherwise appropriated as working capital of the Prison Industries and Salvage Warehouse Revolving Fund. Any cash overdraft of the said Revolving Fund which may be found existing and certified to as correct by the Auditor General upon approval of this Act, shall be considered as advanced from the general fund.
SEC. 2. The working capital herein provided for may be released by the Auditor General to Bureau of Prisons in one lump sum upon certification of the Commissioner of the Budget as to the necessity thereof.
SEC. 3 The working capital herein appropriated as well as the cash overdraft shall be repaid to the National Treasury by the Prison Industries and Salvage Warehouse Revolving fund during a period of ten years beginning with the fiscal year 1955-1956 on the annual amortization basis.
SEC. 4 This Act shall take effect upon its approval.
Approved, June 15, 1954.
More in Republic Acts
- REPUBLIC ACT NO. 4082 - AN ACT PROVIDING FOR THE ISSUANCE OF POST¬AGE STAMPS IN SPANISH AND THE NATIONAL LANGUAGE FOR THE YEAR NINETEEN HUNDRED AND SIXTY-FIVE TO COMMEMORATE THE FOUR HUNDREDTH ANNIVERSARY OF THE EVANGELIZATION OF THE PHILIPPINES.(REPUBLIC ACT No. 4082)
- REPUBLIC ACT NO. 9132, April 24, 2001(REPUBLIC ACT No. 9132)
- REPUBLIC ACT NO. 9937, January 07, 2010(REPUBLIC ACT No. 9937)
- REPUBLIC ACT NO. 6781 - AN ACT CHANGING THE NAME OF THE LOON DISTRICT HOSPITAL IN THE MUNICIPALITY OF LOON, PROVINCE OF BOHOL, TO CONGRESSMAN NATALIO P. CASTILLO, SR. MEMORIAL HOSPITAL(REPUBLIC ACT No. 6781)
- REPUBLIC ACT NO. 5361 - AN ACT AMENDING REPUBLIC ACT NUMBERED ONE THOUSAND FOUR HUNDRED FORTY-NINE, ENTITLED "AN ACT GRANTING A. SORIANO Y CIA., A TEMPORARY PERMIT TO CONSTRUCT, MAINTAIN AND OPERATE PRIVATE FIXED POINT-TO-POINT, COASTAL, AERONAUTICAL, LAND BASED AND LAND MOBILE RADIO STATIONS FOR THE RECEPTION AND TRANSMISSION OF RADIO COMMUNICATIONS WITHIN THE PHILIPPINES.(REPUBLIC ACT No. 5361)
- REPUBLIC ACT NO. 5982 - AN ACT CONVERTING VILLABA RURAL SCHOOL IN THE MUNICIPALITY OF VILLABA, PROVINCE OF LEYTE, INTO A NATIONAL AGRICULTURAL COLLEGE, TO BE KNOWN AS LEYTE NATIONAL AGRICULTURAL COLLEGE AND AUTHORIZING THE APPROPRIATION OF FUNDS THEREFOR.(REPUBLIC ACT No. 5982)
- REPUBLIC ACT NO. 6827 - AN ACT POSTPONING THE HOLDING OF THE FIRST REGULAR ELECTION FOR THE GOVERNOR, DEPUTY GOVERNOR, AND MEMBERS OF THE REGIONAL ASSEMBLY OF THE AUTONOMOUS REGION OF THE CORDILLERAS BY AMENDING SECTION ONE OF THE TRANSITORY PROVISIONS OF REPUBLIC ACT NUMBERED SIX THOUSAND SEVEN HUNDRED SIXTY-SIX, AND FOR OTHER PURPOSES(REPUBLIC ACT No. 6827)
- REPUBLIC ACT NO. 9850, December 11, 2009(REPUBLIC ACT No. 9850)
Want an analysis of this document?
Ask ASG Legal AI to summarize it, compare it with other rulings, or explain how it applies to your situation — it researches from this same library.