Special Fund for the Promotion and Development of Agriculture and Industry in Penal Colonies
Act No. 4012, enacted on December 5, 1932, establishes an annual appropriation of up to twenty-five thousand pesos from the income generated by penal colonies under the Bureau of Prisons. This fund is designated for the promotion and development of agriculture and industry within these colonies, as well as for encouraging vocational training among the colonists. Disbursement of the funds requires approval from the Philippine Legislature. The Act took effect upon its approval.
Law Information
- Reference Number
- Act No. 4012
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
December 5, 1932
ACT NO. 4012
AN ACT MAKING AN ANNUAL APPROPRIATION NOT TO EXCEED TWENTY-FIVE THOUSAND PESOS, FROM THE INCOME DERIVED FROM THE PENAL COLONIES UNDER THE BUREAU OF PRISONS, TO CONSTITUTE A SPECIAL FUND FOR THE PROMOTION AND DEVELOPMENT OF AGRICULTURE AND INDUSTRY IN SAID COLONIES AND FOR ENCOURAGING AND PROMOTING VOCATIONAL TRAINING AMONG THE COLONISTS
SECTION 1. A sum not to exceed twenty-five thousand pesos is hereby set aside annually from the income of the penal colonies, to constitute a special fund which shall be disbursed, subject to the approval of the Philippine Legislature, for the promotion and development of agriculture, and industry in the penal colonies and for encouraging and promoting vocational training among the colonists.
SECTION 2. This Act shall take effect on its approval.
Approved, December 5, 1932.
Cite This Law
Special Fund for the Promotion and Development of Agriculture and Industry in Penal Colonies, Act No. 4012, Dec 5, 1932 (Philippines)
Special Fund for the Promotion and Development of Agriculture and Industry in Penal Colonies, Act No. 4012 (Phil. 1932)
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