Appropriation of Funds to Implement R.A. No. 899 Re: Revolving Fund for Irrigation Systems
Republic Act No. 1398, enacted on September 8, 1955, appropriates twenty million pesos to support the implementation of Republic Act No. 899, which established a revolving fund for irrigation projects. The allocated funds are designated for the construction, reconstruction, or improvement of irrigation systems, contingent upon approval by the National Economic Council and compliance with the provisions of Republic Act No. 899. This law aims to enhance the country's agricultural infrastructure. The Act took effect immediately upon approval.
Law Information
- Reference Number
- Republic Act No. 1398
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
September 8, 1955
REPUBLIC ACT NO. 1398
AN ACT APPROPRIATING THE SUM OF TWENTY MILLION PESOS TO IMPLEMENT REPUBLIC ACT NUMBERED EIGHT HUNDRED NINETY-NINE WHICH CREATED A REVOLVING FUND FOR THE CONSTRUCTION, RECONSTRUCTION OR IMPROVEMENT OF IRRIGATION SYSTEMS
SECTION 1. The sum of twenty million pesos is hereby appropriated, from the amount authorized under Republic Act Numbered One thousand or any other Act of similar nature, which shall constitute the revolving fund created under Republic Act Numbered Eight hundred ninety-nine, for the construction, reconstruction or improvement of irrigation systems as approved by the National Economic Council and in accordance with the provisions of said Republic Act Numbered Eight hundred ninety-nine.
SECTION 2. This Act shall take effect upon its approval.
Approved: September 8, 1955
Published in the Official Gazette, Vol. 51, No. 10, p. 4959 in October 1955
Cite This Law
Appropriation of Funds to Implement R.A. No. 899 Re: Revolving Fund for Irrigation Systems, Republic Act No. 1398, Sep 8, 1955 (Philippines)
Appropriation of Funds to Implement R.A. No. 899 Re: Revolving Fund for Irrigation Systems, Republic Act No. 1398 (Phil. 1955)
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