SECTION 1. Republic Act Numbered Twenty-three hundred seventy, otherwise known as the Barrio Charter, is hereby amended by inserting between Sections fifteen and sixteen thereof the following new section:
"SEC. 15-A. Release of the ten percent share in real estate taxes Ministerial; Punishment for withholding.—The release of the ten percent share in the real estate taxes accruing and paid for to a barrio as herein provided is declared ministerial Any officer who without legal ground hall withhold the release of such share to a barrio entitled to it on or before December thirty-one of each year and on or before June thirty of each year shall be punished with a fine of not less than fifty pesos nor more than two hundred pesos, or by imprisonment for not less than fifteen days and not more than two months, or both: Provided, however, That this law shall not be effective insofar as barrios where the barrio treasurers have not posted the necessary bond as required by existing laws."