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Republic Act

AN ACT TO APPROPRIATE THE SUM OF THREE MILLION PESOS AS ADDITIONAL CAPITAL FOR THE NATIONAL TOBACCO CORPORATION.

Number
Republic Act No. 302
Date of approval
Sections
2
Section 1

SECTION 1. There is hereby appropriated out of any funds in the National Treasury, the sum of three million pesos, as additional capital for the National Tobacco Corporation: Provided, That not more than twenty per centum shall be spent for salaries and wages.

Section 2

SEC. 2. This Act shall take effect upon its approval.

Approved, June 17, 1948.

2 sections

Cite this law

AN ACT TO APPROPRIATE THE SUM OF THREE MILLION PESOS AS ADDITIONAL CAPITAL FOR THE NATIONAL TOBACCO CORPORATION. (Official Gazette). Retrieved via LawPlayer, https://lawplayer.com/ph/act/ra-302

Source: Official Gazette of the Republic of the Philippines — Philippine laws are public documents (works of the government).

No copyright in works of the Government (RA 8293 s.176)

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