First Week of January as National Thrift Week
Act No. 3943, approved on November 29, 1932, designates the first week of January as National Thrift Week in the Philippines. The law mandates the Director of Posts and the Director of Education to conduct campaigns aimed at promoting thriftiness among the public, particularly targeting students in public schools. The campaigns encourage individuals to develop saving habits and make deposits in established savings banks or institutions. This Act aims to foster a culture of financial responsibility and savings within the community.
Law Information
- Reference Number
- Act No. 3943
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
November 29, 1932
ACT NO. 3943
AN ACT DECLARING THE FIRST WEEK OF JANUARY, NATIONAL THRIFT WEEK AND DIRECTING THE DIRECTOR OF EDUCATION AND THE DIRECTOR OF POSTS EACH TO CONDUCT A THRIFT CAMPAIGN DURING SAID WEEK, AND FOR OTHER PURPOSES
SECTION 1. The first week of January of each year shall be known as the National Thrift Week.
SECTION 2. The Director of Posts, through the different post offices, and the Director of Education, through the public schools, shall each direct a campaign during said week to inculcate the habit of thrift and encourage the pupils and the general public to make deposits in savings banks or institutions duly established in accordance with the laws of the Philippine Islands.
SECTION 3. This Act shall take effect on its approval.
Approved, November 29, 1932.
Cite This Law
First Week of January as National Thrift Week, Act No. 3943, Nov 29, 1932 (Philippines)
First Week of January as National Thrift Week, Act No. 3943 (Phil. 1932)
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