An Act Amending Section Two of Republic Act Numbered Four Thousand Three Hundred Forty-One, Entitled "An Act Authorizing the Appropriation of Funds for Buildings, Facilities and Operating Expenses of the Institute of Planning Within the University of the Philippines, and for Other Purposes

REPUBLIC ACT No. 4719

An Act Amending Section Two of Republic Act Numbered Four Thousand Three Hundred Forty-One, Entitled "An Act Authorizing the Appropriation of Funds for Buildings, Facilities and Operating Expenses of the Institute of Planning Within the University of the Philippines, and for Other Purposes"

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

Section 1. Section two of Republic Act Numbered Four thousand three hundred forty-one is hereby amended to read as follows:

Section 2. This Act shall take effect upon its approval.

Approved: June 18, 1966.

"Sec. 2. Pursuant to this policy, the University of the Philippines is hereby authorized to establish an Institute of Planning, for which there is hereby authorized to be appropriated four hundred thousand pesos, out of the general funds of the National Treasury not otherwise appropriated, for the construction of buildings and the purchase of equipment and facilities necessary for the establishment of the Institute: Provided, However, That an additional amount of three hundred and fifty thousand pesos is hereby appropriated for the operating expenses of the Institute for fiscal year nineteen hundred and sixty-six to nineteen hundred and sixty-seven: And Provided, further, That at least the amount of three hundred fifty thousand pesos shall be appropriated annually thereafter, out of any funds in the National Treasury not otherwise appropriated, beginning with the next succeeding fiscal year for operational expenses of the Institute."