An Act Appropriating an Additional Sum of Twenty-Three Million Pesos as Counterpart Fund to Carry Out the Purposes of Republic Act Numbered Six Hundred and Four
Year:
1955
Category:
Other
Date Approved:
June 14, 1955
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 an additional sum of twenty-three million pesos from the National Treasury as a counterpart fund to support the purposes of Republic Act Numbered Six Hundred and Four. The appropriation is available for expenditure until exhausted, even after a specified date.Full Text
REPUBLIC ACT No. 1278
An Act Appropriating an Additional Sum of Twenty-Three Million Pesos as Counterpart Fund to Carry Out the Purposes of Republic Act Numbered Six Hundred and Four
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1. The sum of twenty-three million pesos is hereby appropriated, out of any funds in the National Treasury not otherwise appropriated, as additional Counterpart Fund to carry out the purposes of Republic Act Numbered Six hundred and four.
Section 2. This appropriation shall be available for expenditure until exhausted even after June thirty, nineteen hundred and fifty-seven.
Section 3. This Act shall take effect July first, nineteen hundred fifty-six.
Approved: June 14, 1955.
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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.