Appropriation of Funds for the National Housing Commission
Commonwealth Act No. 709, enacted on November 1, 1945, allocates five million pesos to the National Housing Commission to resume its functions as established by a previous act. The release of these funds is contingent upon an order from the President of the Philippines, who may decide to release the amount in full or in installments. Additionally, the release of funds requires certification from the Secretary of Finance and the Auditor General to ensure that there are sufficient available funds in the National Treasury. The Act takes effect upon approval.
Law Information
- Reference Number
- Commonwealth Act No. 709
- Date Enacted
- Category
- Statutes
- Subcategory
- Commonwealth Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
November 1, 1945
COMMONWEALTH ACT NO. 709
AN ACT APPROPRIATING THE SUM OF FIVE MILLION PESOS TO ENABLE THE NATIONAL HOUSING COMMISSION TO RESUME ITS FUNCTIONS
SECTION 1. In order to enable the National Housing Commission created by Commonwealth Act Numbered Six hundred and forty-eight to accomplish its purposes and objects as set forth in the said Act, there is appropriated out of any funds in the National Treasury not otherwise appropriated the sum of five million pesos: Provided, however, That said sum shall not be released for expenditure by the said Commission except upon order of the President of the Philippines who, in his discretion, may require that release of the said amount be in full or in installments; And provided further, That the funds herein appropriated shall not be released unless and until the Secretary of Finance and the Auditor General shall have certified to the President that there are existing and available funds in the National Treasury in excess of the sums appropriated in the General Appropriation Law for the fiscal year ending June 30, 1946, and the priority appropriations established by law.
SECTION 2. This Act shall take effect upon its approval.
Approved, November 1, 1945. HIESTA
Cite This Law
Appropriation of Funds for the National Housing Commission, Commonwealth Act No. 709, Nov 1, 1945 (Philippines)
Appropriation of Funds for the National Housing Commission, Commonwealth Act No. 709 (Phil. 1945)
Related Laws
- National Housing CommissionCommonwealth Act No. 648 • Jun 16, 1941 • Statutes
- Appropriation of Funds for Jose Rizal National Centennial CommissionRepublic Act No. 2703 • Jun 18, 1960 • Statutes
- Appropriation of Funds for Burgos-Gomez-Zamora Centennial CommissionRepublic Act No. 6043 • Aug 4, 1969 • Statutes
- Appropriation of Funds to Carry Out Purposes of Jose Rizal National Centennial CommissionRepublic Act No. 1427 • Jun 14, 1956 • Statutes
- Amended IRR of R.A. No. 7356 (Law Creating the National Commission for Culture and the Arts)National Commission for Culture and the Arts • Oct 11, 2007 • Implementing Rules and Regulations
- Creating the National Housing AuthorityPresidential Decree No. 757 • Jul 31, 1975 • Presidential Issuances
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