Appropriation of Funds to Buy and/or Import Animals for Breeding Purposes
Commonwealth Act No. 721, enacted on November 1, 1945, appropriates 500,000 pesos from the National Treasury for the purchase or importation of animals for breeding purposes. The release of these funds is contingent upon certification from the Secretary of Finance and the Auditor General that sufficient funds are available beyond those allocated in the General Appropriation Law for the fiscal year ending June 30, 1946. The Secretary of Agriculture and Commerce is responsible for disbursing the funds upon the President's approval. The Act takes effect immediately upon approval.
Law Information
- Reference Number
- Commonwealth Act No. 721
- Date Enacted
- Category
- Statutes
- Subcategory
- Commonwealth Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
November 1, 1945
COMMONWEALTH ACT NO. 721
AN ACT TO APPROPRIATE THE SUM OF FIVE HUNDRED THOUSAND PESOS TO BUY AND/OR IMPORT ANIMALS FOR BREEDING PURPOSES
SECTION 1. There is hereby appropriated out of any funds in the National Treasury not otherwise appropriated, the sum of five hundred thousand pesos with which to buy and/or import animals for breeding purposes: Provided, 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 thirty, nineteen hundred and forty-six, and the priority appropriations established by law: Provided, further, That the President may order the release in full or in installments of the funds herein authorized as the Secretary of Finance and the Auditor General may certify to their existence and availability. acIASE
SECTION 2. This sum shall be disbursed by the Secretary of Agriculture and Commerce upon approval of the President of the Philippines.
SECTION 3. This Act shall take effect upon its approval.
Approved, November 1, 1945.
Cite This Law
Appropriation of Funds to Buy and/or Import Animals for Breeding Purposes, Commonwealth Act No. 721, Nov 1, 1945 (Philippines)
Appropriation of Funds to Buy and/or Import Animals for Breeding Purposes, Commonwealth Act No. 721 (Phil. 1945)
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- Establishment of Davao del Sur Stock Farm and Breeding StationRepublic Act No. 5202 • May 13, 1968 • Statutes
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