An Act Canceling One-Half the Amounts Loaned to the Province of Cebu by Acts Numbered Thirteen Hundred and Forty-Three and Thirteen Hundred and Eighty
Act No. 1560, enacted on November 6, 1906, cancels half of the loans given to the Province of Cebu under previous acts. The cancellation is contingent upon the provincial and municipal governments using an equivalent amount from their general funds to support schools. Appropriations for these funds require approval from the Governor-General and the provincial board. The law emphasizes the urgency of its passage for the public good and takes effect immediately upon enactment.
Law Information
- Reference Number
- Act No. 1560
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
November 6, 1906
ACT NO. 1560
AN ACT CANCELING ONE-HALF THE AMOUNTS LOANED TO THE PROVINCE OF CEBU BY ACTS NUMBERED THIRTEEN HUNDRED AND FORTY-THREE AND THIRTEEN HUNDRED AND EIGHTY
SECTION 1. Of the amounts loaned to the Province of Cebu by Acts Numbered Thirteen hundred and forty-three and Thirteen hundred and eighty, one-half is hereby declared canceled on condition that the provincial government and each municipal government that received funds from said loans shall expend from their general funds for the support of schools an amount equal to one-half the amount received by them from said loans.
SECTION 2. The appropriation of funds by the provincial board and municipal councils for the purposes of section one of this Act shall be subject to approval by the Governor-General in the case of provincial funds and by the provincial board in the case of municipal funds.
SECTION 3. The public good requiring the speedy enactment of this bill, the passage of the same is hereby expedited in accordance with section two of "An Act prescribing the order of procedure by the Commission in the enactment of laws," passed September twenty-sixth, nineteen hundred.
SECTION 4. This Act shall take effect on its passage.
ENACTED, November 6, 1906.
Cite This Law
An Act Canceling One-Half the Amounts Loaned to the Province of Cebu by Acts Numbered Thirteen Hundred and Forty-Three and Thirteen Hundred and Eighty, Act No. 1560, Nov 6, 1906 (Philippines)
An Act Canceling One-Half the Amounts Loaned to the Province of Cebu by Acts Numbered Thirteen Hundred and Forty-Three and Thirteen Hundred and Eighty, Act No. 1560 (Phil. 1906)
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