Section 1
SECTION 1. In all cases where an insular or provincial officer or employee shall receive or have custody of money in the discharge of his official duties, he shall give bond to the Insular Government of the Philippine Islands, for whom it may concern, to secure the proper accounting of the same and the payment thereof in accordance with law, unless he be a regular army or navy officer of the United States detailed for the duty, in which case no bond shall be required. In cases in which the law now in force makes provisions for the giving and form of bonds, the fixing of their amounts, their approval, and their custody, such provisions shall control; but in cases coming within the purview of this Act, in which there is now no provision for the giving of a bond, its form, the fixing of its amount, its approval, and its custody, it shall be the duty of the Civil Governor to fix the amount of the bond and of the Insular Treasurer to approve the same and to retain it in his custody. The bond of the Insular Treasurer shall be in the custody of the Insular Auditor.