Amendment to Commonwealth Act No. 67, as Amended
Commonwealth Act No. 507, enacted on October 27, 1939, amends Commonwealth Act No. 67, which pertains to appropriations for public works. The amendment specifies that unexpended balances of appropriations, except for certain specified categories, will revert to the National Treasury's general funds by June 30, 1941, and can only be used again upon National Assembly approval. For the specified categories, any unspent funds will revert to the "Port Works Fund" created by a previous act and will be subject to its regulations for future use. The act takes effect immediately upon approval.
Law Information
- Reference Number
- Commonwealth Act No. 507
- Date Enacted
- Category
- Statutes
- Subcategory
- Commonwealth Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
October 27, 1939
COMMONWEALTH ACT NO. 507
AN ACT TO AMEND COMMONWEALTH ACT NUMBERED SIXTY-SEVEN ENTITLED "AN ACT MAKING APPROPRIATIONS FOR PUBLIC WORKS," AS AMENDED
SECTION 1. Section two of Commonwealth Act Numbered Sixty-seven, as amended by Commonwealth Act Numbered Three hundred twenty-eight, is further amended so as to read as follows: IcCDAS
"SEC. 2. All balances of the several appropriations made by this Act, with the exception of the appropriations made in paragraphs (n), (o), (p), (q), (r), and (s), remaining unexpended on June thirty, nineteen hundred and forty-one shall revert to the general funds in the National Treasury, and thereafter shall not be available for expenditure except upon appropriation by the National Assembly; and all balances of the appropriations made in paragraphs (n), (o), (p), (q), (r), and (s), remaining unexpended on June thirty, nineteen hundred and forty-one shall revert to the "Port Works Fund" created by Act Numbered Three thousand five hundred and ninety-two and thereafter shall not be available for expenditure except as provided in said Act."
SECTION 2. This Act shall take effect upon its approval.
Approved, October 27, 1939.
Cite This Law
Amendment to Commonwealth Act No. 67, as Amended, Commonwealth Act No. 507, Oct 27, 1939 (Philippines)
Amendment to Commonwealth Act No. 67, as Amended, Commonwealth Act No. 507 (Phil. 1939)
Browse More Statutes
Explore other laws in the Statutes category.
View All StatutesNeed Help Understanding This Law?
Ask our AI assistant to explain provisions, implications, or related laws.
Ask AI About This Law