Section 31
SEC. 31. If at any time any irrigation works or portion thereof constructed by the Insular Government under the provisions of this Act shall be damaged or destroyed by earthquake, fire, lightning, flood, tornado, typhoon, hurricane, war, or by other fortuitous event or force majeure, the same shall be, upon approval of the Governor-General, repaired or reconstructed from the insurance fund hereafter provided for in this section, and the cost of such reconstruction shall not be charged against the appropriators. There is hereby authorized and created an irrigation insurance irrigation fund which shall be established and maintained as follows: The Secretary of Commerce and Police shall each year instruct the Director of Public Works to add to the amount collectible from each owner of land irrigated by any such irrigation system operated under the provisions of this Act in the Philippine Islands an additional amount not to exceed two per centum of the annual payment for construction, maintenance, and operation due from the said landowner, which amount shall be added to and collected as a portion of the regular annual payment, and shall be covered into the Insular Treasury and set aside as a special fund, to be known as the "irrigation instance fund;" which fund may be invested and reinvested by authority of the Secretary of Commerce and Police, first, in financial transactions with relation to irrigation proceedings, and, second, in the same manner and under the same conditions as other trust funds handled by the Insular Government may be invested; and the said fund, together with the accumulated interest thereon, shall be expended for the purposes and in the manner provided in this section and for no other purpose: Provided, however, That whenever said irrigation fund shall exceed two hundred thousand pesos there shall be no further collections until said fund shall have been reduced by expenditure as authorized herein to less than one hundred and fifty thousand pesos.