Appropriation of Funds Out of the Port Works Fund
Act No. 4149, approved on November 28, 1934, allocates 500,000 pesos from the "Port Works Fund" to the General Fund. This appropriation is intended to partially reimburse prior payments made from the General Fund for bond interests and sinking funds associated with various acts. Specifically, it addresses payments for bonds issued under Act No. 2908 and those from Acts No. 3413 and 3417 for the year 1935. The act takes effect upon its approval.
Law Information
- Reference Number
- Act No. 4149
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
November 28, 1934
ACT NO. 4149
AN ACT APPROPRIATING THE SUM OF FIVE HUNDRED THOUSAND PESOS OUT OF THE SIXTY PER CENTUM AVAILABLE FOR INVESTIGATION, CONSTRUCTION, AND IMPROVEMENT OF PORTS OF THE "PORT WORKS FUND" CREATED BY ACT NUMBERED THREE THOUSAND FIVE HUNDRED AND NINETY-TWO TO BE TRANSFERRED TO THE GENERAL FUND TO REIMBURSE IN PART THE PAYMENT MADE IN PRIOR YEARS FROM THE GENERAL FUND FOR THE INTERESTS AND SINKING FUNDS TO THE BONDS ISSUED BY VIRTUE OF ACT NUMBERED TWO THOUSAND NINE HUNDRED AND EIGHT AND THE INTERESTS AND SINKING FUNDS FOR THE YEAR NINETEEN HUNDRED AND THIRTY-FIVE OF THE BONDS ISSUED BY VIRTUE OF ACTS NUMBERED THREE THOUSAND FOUR HUNDRED AND THIRTEEN AND THREE THOUSAND FOUR HUNDRED AND SEVENTEEN
SECTION 1. The sum of five hundred thousand pesos is hereby appropriated out of the sixty per centum available for investigation, construction, and improvement of ports of the "Port Works Fund" created by Act Numbered Three thousand five hundred and ninety-two, and transferred to the General Fund to reimburse in part the payments made in prior years from the General Fund for the interests and sinking funds of the bonds issued by virtue of Act Numbered Two thousand nine hundred and eight and the interests and sinking funds for the year nineteen hundred and thirty-five of the bonds issued by virtue of Acts Numbered Three thousand four hundred and thirteen and Three thousand four hundred and seventeen. aSIDCT
SECTION 2. This Act shall take effect on its approval.
Approved, November 28, 1934.
Cite This Law
Appropriation of Funds Out of the Port Works Fund, Act No. 4149, Nov 28, 1934 (Philippines)
Appropriation of Funds Out of the Port Works Fund, Act No. 4149 (Phil. 1934)
Related Laws
- Appropriation of Funds Out of the Port Works FundAct No. 4050 • Feb 20, 1933 • Statutes
- Appropriation of Funds Out of the Port Works FundAct No. 3878 • Nov 13, 1931 • Statutes
- Appropriation of Funds Out of the Port Works FundAct No. 4100 • Nov 29, 1933 • Statutes
- Port Works FundAct No. 3592 • Nov 29, 1929 • Statutes
- Amendment to Act No. 3592 Re: Port Works Fund ActRepublic Act No. 1216 • May 10, 1955 • Statutes
- An Act Making Appropriation for Public Works and Permanent ImprovementsAct No. 2378 • Feb 28, 1914 • Statutes
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