Appropriation of Funds for Mindanao State University
Republic Act No. 4108, enacted on June 19, 1964, authorizes the appropriation of 15 million pesos from the National Treasury for the development of Mindanao State University. This funding will be allocated at a rate of 3 million pesos annually starting in fiscal year 1965, aimed at capital improvements and other needs as determined by the university's Board of Regents. Any unspent funds after five years will remain available until fully utilized, despite any conflicting laws. The Act became effective upon its approval and was published in the Official Gazette on March 22, 1965.
Law Information
- Reference Number
- Republic Act No. 4108
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 19, 1964
REPUBLIC ACT NO. 4108
AN ACT TO AUTHORIZE AN APPROPRIATION FOR THE DEVELOPMENT OF THE MINDANAO STATE UNIVERSITY, AND FOR OTHER PURPOSES
SECTION 1. The sum of fifteen million pesos is hereby authorized to be appropriated out of any funds in the National Treasury not otherwise appropriated, to be made available to the Mindanao State University at the rate of three million pesos annually beginning the fiscal year nineteen hundred and sixty-five, to support its development, including capital outlay for permanent improvements and for other purposes at the discretion of its Board of Regents: Provided, That any amount of the said fifteen million pesos not released to the University after five years shall continue to be made available until the whole amount appropriated shall have been used by the University, any provision of law to the contrary notwithstanding. acd
SECTION 2. This Act shall take effect upon its approval.
Approved: June 19, 1964
Published in the Official Gazette, Vol. 61, No. 12, p. 1650 on March 22, 1965
Cite This Law
Appropriation of Funds for Mindanao State University, Republic Act No. 4108, Jun 19, 1964 (Philippines)
Appropriation of Funds for Mindanao State University, Republic Act No. 4108 (Phil. 1964)
Related Laws
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- Renaming the Surigao Del Sur State University in Surigao Del Sur to North Eastern Mindanao State UniversityRepublic Act No. 11584 • Jul 30, 2021 • Statutes
- Amendment to R.A. No. 1387 Re: Mindanao State UniversityRepublic Act No. 3791 • Jun 22, 1963 • Statutes
- University of the Philippines in Mindanao ActRepublic Act No. 7889 • Feb 20, 1995 • Statutes
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