Reappropriation of Unexpended Balance Under R.A. No. 1613
Republic Act No. 3315, enacted on June 18, 1961, reappropriates unexpended funds from a prior act (Republic Act No. 1613) for infrastructure projects in Ormoc City. It specifically amends project details for the Ormoc-Albuera Road and the Ormoc-Kananga Road, outlining their lengths and funding allocations. The act establishes a yearly amortization plan over ten years at a 4% interest rate. This law took effect upon its approval and was published in the Official Gazette on April 23, 1962.
Law Information
- Reference Number
- Republic Act No. 3315
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 18, 1961
REPUBLIC ACT NO. 3315
AN ACT REAPPROPRIATING CERTAIN UNEXPENDED BALANCE APPROPRIATED IN REPUBLIC ACT NUMBERED SIXTEEN HUNDRED THIRTEEN
SECTION 1. Project Numbered Bp-272.6 for Ormoc City, page 208-A, Title B-Highways, Appendix 4 of Republic Act Numbered hundred thirteen, is hereby amended to read as follows:
| Ormoc-Albuera Road (N), Ormoc City | |||
| Asphalt paving | (90.0) | (90.00) | |
| Km. 110.00 Km. 118.00-8 kms. | :SOB: - : | ||
| Yearly amortization 10 years, 4% | :*917: - : | (275.00) : | (55.11) : : : : |
| KM. 122-125-3 KMS | :SOB: - : | (50.00) : | (50.00) : : : : |
SECTION 2. Project Numbered Bp-272.10 for Ormoc City, page 208-A, Title B-Highways, Appendix A of Republic Act Numbered Sixteen hundred thirteen, is hereby amended to read as follows:
| Ormoc-Kananga Road | |
| Km. 106.08 Km. 106.29 = 20 Kms. | :917 : 4.00:( 4.00) : ( 4.00) : : : : : |
| Km 97.00 to Km. 104:00 = 7 Kms. | :SOB : :(100.00):(100.00) : : : : : |
SECTION 3. This Act shall take effect upon its approval.
Enacted without Executive approval, June 18, 1961. aisa dc
Published in the Official Gazette, Vol. 58, No. 17, p. 3525 on April 23, 1962
Cite This Law
Reappropriation of Unexpended Balance Under R.A. No. 1613, Republic Act No. 3315, Jun 18, 1961 (Philippines)
Reappropriation of Unexpended Balance Under R.A. No. 1613, Republic Act No. 3315 (Phil. 1961)
Browse More Statutes
Explore other laws in the Statutes category.
View All StatutesNeed Help Understanding This Law?
Ask our AI assistant to explain provisions, implications, or related laws.
Ask AI About This Law