An Act Appropriating the Sum of One Million Pesos from the Proceeds of the Sale of Bond Issues Under Republic Act Numbered One Thousand for the Purchase of Animals to be Used for "Operation Livestock Dispersal"
Year:
1956
Category:
Other
Date Approved:
June 16, 1956
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 one million pesos from the proceeds of bond issues to purchase animals for the 'Operation Livestock Dispersal' program. The program aims to distribute animals to indigent farmers under terms set by the Secretary of Agriculture and Natural Resources.Full Text
REPUBLIC ACT No. 1499
An Act Appropriating the Sum of One Million Pesos from the Proceeds of the Sale of Bond Issues Under Republic Act Numbered One Thousand for the Purchase of Animals to be Used for "Operation Livestock Dispersal"
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1. There is hereby appropriated out of any proceeds from the sale of bond issues under Republic Act Numbered One thousand the sum of one million pesos with which to purchase animals for the implementation of the plan known as "Operation Livestock Dispersal" by which animals are distributed to indigent deserving farmers under such terms and conditions as may be prescribed by the Secretary of Agriculture and Natural Resources.
Section 2. This sum shall be disbursed by the Director of Animal Industry upon approval of the Secretary of Agriculture and Natural Resources.
Section 3. This Act shall take effect upon its approval.
Approved: June 16, 1956.
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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.