Revolving Fund for Laborers' Tenement Houses
Commonwealth Act No. 368, enacted on August 23, 1938, establishes a revolving fund aimed at supporting laborers' tenement houses in the Philippines. This fund will consist of appropriated sums and revenues generated from the sale, transfer, or lease of properties acquired under the Act. The resources are designated for acquiring, improving, constructing, repairing, and maintaining tenement houses, as well as covering associated salaries and expenses. The Act becomes effective upon its approval.
Law Information
- Reference Number
- Commonwealth Act No. 368
- Date Enacted
- Category
- Statutes
- Subcategory
- Commonwealth Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
August 23, 1938
COMMONWEALTH ACT NO. 368
AN ACT TO PROVIDE FOR A REVOLVING FUND FOR LABORERS' TENEMENT HOUSES
SECTION 1. The sum appropriated in Act Numbered Forty-one hundred and eighty-four, as amended by Commonwealth Act Numbered Forty-three, and all moneys that may hereafter be appropriated for the same purpose, shall, together with any and all sums of money to be realized from the sale, transfer, or lease of lands, buildings, and other properties acquired under this Act, constitute a revolving fund, and shall be available for the acquisition and improvement of tenement house sites, the acquisition, construction, repair, upkeep, and maintenance of tenement houses and buildings and for salaries, wages, and other expenses incident to the carrying out of the purposes of this Act.
SECTION 2. This Act shall take effect upon its approval.
Approved, August 23, 1938.
Cite This Law
Revolving Fund for Laborers' Tenement Houses, Commonwealth Act No. 368, Aug 23, 1938 (Philippines)
Revolving Fund for Laborers' Tenement Houses, Commonwealth Act No. 368 (Phil. 1938)
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