An Act Providing for the Return of a Portion of Internal-Revenue Collections to the Treasuries of the Subprovinces of Catanduanes and Masbate for the Sole Use and Benefit of the Inhabitants thereof
Act No. 1467, enacted on March 27, 1906, allocates 70% of certain internal revenue collections to the treasuries of the subprovinces of Catanduanes and Masbate, specifically for the benefit of their inhabitants. The distribution is based on the population ratios from the 1903 census, relative to the provinces of Albay and Sorsogon. This act is retroactive, allowing these subprovinces to receive their share from the date of their establishment. Additionally, the act emphasizes the urgency of its passage for public good and becomes effective immediately upon enactment.
Law Information
- Reference Number
- Act No. 1467
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
March 27, 1906
ACT NO. 1467
AN ACT PROVIDING FOR THE RETURN OF A PORTION OF INTERNAL-REVENUE COLLECTIONS TO THE TREASURIES OF THE SUBPROVINCES OF CATANDUANES AND MASBATE FOR THE SOLE USE AND BENEFIT OF THE INHABITANTS THEREOF
SECTION 1. There shall accrue to the treasuries of the subprovinces of Catanduanes and Masbate as constituted by Acts Numbered Thirteen hundred and thirty-one and Fourteen hundred and thirteen, respectively, for the sole use and benefit of the inhabitants thereof, seventy per centum of such proportion of internal revenue which by law accrues to the provinces of Albay and Sorsogon as the number of inhabitants of each subprovince, as shown by the census of nineteen hundred and three, bears to the total population of the province of which it forms a part, as shown by the same census.
SECTION 2. This Act shall be retroactive in effect so as to provide that the proportion of internal revenue allowed in section one hereof shall accrue to each subprovince from the date of its establishment as a subprovince.
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, March 27, 1906.
Cite This Law
An Act Providing for the Return of a Portion of Internal-Revenue Collections to the Treasuries of the Subprovinces of Catanduanes and Masbate for the Sole Use and Benefit of the Inhabitants thereof, Act No. 1467, Mar 27, 1906 (Philippines)
An Act Providing for the Return of a Portion of Internal-Revenue Collections to the Treasuries of the Subprovinces of Catanduanes and Masbate for the Sole Use and Benefit of the Inhabitants thereof, Act No. 1467 (Phil. 1906)
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