Section 1
SECTION 1. Before a contract, agreement, or other obligation proposed obligations, entailing the expenditure of money from Insular funds amounting to two thousand pesos or more, for construction, equipment, or supplies shall be entered into by the Government of the Philippine Islands, a copy of such proposed contract shall be made and submitted to the Insular Auditor with a request for a certificate to be made by him, showing that there are sufficient funds duly appropriated to be expended for the object set forth in said contract in the Treasury in excess of all outstanding contracts and obligations connected with or affecting such appropriation; the Bureau, Board, committee, or officer submitting this request shall transmit therewith a statement in writing of all obligations incurred against said appropriation not yet presented for audit; and it shall be the duty of the Insular Auditor upon receipt of such written request for a certificate and said statement to immediately make such certificate in writing showing whether or not there are any funds duly appropriated for tlie purpose of carrying into execution such said proposed contract in excess of all obligations and indebtedness chargeable to such said appropriation.