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Act No. 1926 Section 7

Act No. 1926 Section 7

Section 7

SEC. 7. The funds so appropriated shall be reimbursed by the municipality of lloilo from the current revenues of the municipality within ninety clays after same shall have been so paid as interest or placed, in said sinking fund by Ihe said Insular Treasurer. In case the municipall council of the inunicipality of lloilo shall fail to make such reimbursement, the provincial treasurer of the Province of lloilo is hereby authorized and directed to withhold from the revenues of the municipality of lloilo that may come in his possession an amount sufficient to make the such reimbursement above provided for and shall deposit same with the Treasurer of the Philippine Islands as and for the or any reimbursement aforesaid.

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Other provisions in Act No. 1926

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationAct No. 1926 Section 7 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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