An Act Appropriating the Sum of Three Hundred Thirty-Two Thousand Pesos to Pay for the Subscription of the Government of the Republic of the Philippines to the Capital Stock of the International Finance Corporation
Year:
1957
Category:
Other
Date Approved:
June 22, 1957
Summary
Plain-language AI-assisted summary — not the official text. As of July 1, 2026. Read the full text below or on the official source.
This Act appropriates the sum of three hundred thirty-two thousand pesos for the subscription of the Government of the Republic of the Philippines to the capital stock of the International Finance Corporation. It ensures the funding necessary for the government's investment in this international financial institution.Full Text
REPUBLIC ACT No. 1926
An Act Appropriating the Sum of Three Hundred Thirty-Two Thousand Pesos to Pay for the Subscription of the Government of the Republic of the Philippines to the Capital Stock of the International Finance Corporation
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, the sum of three hundred thirty-two thousand pesos to pay for the subscription of the Government of the Republic of the Philippines to the capital stock of the International Finance Corporation as authorized under Republic Act Numbered Sixteen hundred and four.
Section 2. This Act shall take effect upon its approval.
Approved: June 22, 1957.
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Republic Acts are laws passed by the Congress of the Philippines. This content is sourced from LawPhil (lawphil.net) for reference purposes. For official and authoritative texts, please refer to the Official Gazette.