Section 3
SEC. 3. Seventy per centum of all taxes, imposts, or fines collected on and after April first, nineteen hundred and seven, in behalf of the Province of Tayabas in the subprovince of Marinduque, under the provisions of existing law, or of laws which may hereafter be enacted, shall remain in the subtreasury of Marinduque for the sole use and benefit of the inhabitants of the subprovince; and the remaining thirty per centum of such collections shall be transmitted to the provincial treasury of Tayabas and shall inure to the general funds of the province.