Authority to Board of Regents of University of the Philippines to Dispose of Matriculation Fees
Act No. 4013, approved on December 6, 1932, grants the Board of Regents of the University of the Philippines the authority to utilize all accrued matriculation fees for the university's current operating expenses. This includes any unallocated funds from the building fund. The act overrides any existing laws to the contrary, ensuring that the university can access these funds as needed. It takes effect immediately upon approval.
Law Information
- Reference Number
- Act No. 4013
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
December 6, 1932
ACT NO. 4013
AN ACT TO AUTHORIZE THE BOARD OF REGENTS OF THE UNIVERSITY OF THE PHILIPPINES TO DISPOSE OF THE MATRICULATION FEES ACCRUING TO THE UNIVERSITY FOR THE CURRENT OPERATING EXPENSES OF THE INSTITUTION
SECTION 1. The provisions of law to the contrary notwithstanding, the Board of Regents of the University of the Philippines is hereby authorized to spend all matriculation fees accruing or which have already accrued to the University, including all such sums of the building fund as have not been heretofore obligated, for the current operating expenses of the corresponding colleges and schools thereof.
SECTION 2. This Act shall take effect upon its approval.
Approved, December 6, 1932.
Cite This Law
Authority to Board of Regents of University of the Philippines to Dispose of Matriculation Fees, Act No. 4013, Dec 6, 1932 (Philippines)
Authority to Board of Regents of University of the Philippines to Dispose of Matriculation Fees, Act No. 4013 (Phil. 1932)
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