Appropriation of Funds for Payment of Bureau of Posts' Balance to PAL
Republic Act No. 996, enacted on June 9, 1954, appropriates ?3,187,583.25 from the National Treasury to settle the Bureau of Posts' outstanding obligations to Philippine Air Lines, Inc. for air mail services provided from March 1950 to March 1954. The Act specifies that future obligations of this nature must receive prior Congressional approval. This legislation underscores the government's commitment to fulfilling its financial responsibilities in the postal sector. The Act took effect immediately upon approval.
Law Information
- Reference Number
- Republic Act No. 996
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 9, 1954
REPUBLIC ACT NO. 996
AN ACT APPROPRIATING THE SUM OF THREE MILLION ONE HUNDRED EIGHTY-SEVEN THOUSAND FIVE HUNDRED EIGHTY-THREE PESOS AND TWENTY-FIVE CENTAVOS TO ENABLE THE BUREAU OF POSTS TO PAY THE BALANCE OF ITS OUTSTANDING OBLIGATION TO THE PHILIPPINE AIR LINES, INC., FOR SERVICES RENDERED BY THE LATTER IN THE CARRIAGE OF AIR MAIL ON ITS INTERNATIONAL ROUTES FROM MARCH FIRST, NINETEEN HUNDRED AND FIFTY TO MARCH THIRTY-FIRST, NINETEEN HUNDRED AND FIFTY-FOUR
SECTION 1. The sum of three million one hundred eighty-seven thousand five hundred eighty-three pesos and twenty-five centavos or so much thereof as may be necessary, is hereby appropriated, out of any funds in the National Treasury not otherwise appropriated, to enable the Bureau of Posts to settle completely the outstanding balance of its obligation to Philippine Air Lines, Inc., for services rendered by the latter in connection with the carriage of air mail on its international routes from March first, nineteen hundred and fifty to March thirty-first, nineteen hundred and fifty-four: Provided, that no further obligation of this nature shall be hereafter incurred without previous Congressional authority. acd
SECTION 2. This Act shall take effect upon its approval.
Approved: June 9, 1954
Published in the Official Gazette, Vol. 50, No. 6, p. 2360 in June 1954
Cite This Law
Appropriation of Funds for Payment of Bureau of Posts' Balance to PAL, Republic Act No. 996, Jun 9, 1954 (Philippines)
Appropriation of Funds for Payment of Bureau of Posts' Balance to PAL, Republic Act No. 996 (Phil. 1954)
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