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Act No. 2577 Section 2

Act No. 2577 Section 2

Section 2

SEC. 2. Section four of said Act Numbered Twenty-four hundred and seventy-nine is hereby amended to read as follows: "SEC. 4. For the purposes of the next preceding section the Central Sugar Board is hereby authorized. " (a) To enter into negotiations with, receive propositions from, and make contracts on behalf of the corporations' taking advantage of the benefits of this Act with constructing firms or concerns engaged in the establishment of sugar centrals. "(b) To select the points where the centrals shall be ¦ established, taking into account the largest number of persons benefited whenever compatible with the business interests of the central. "(c) To determine the operating capacity of the central to be established. "(d) To demand that the minimum production of cane necessary for the economic operation of the central be guaranteed. "(e) To establish rules and conditions under which it will furnish aid to the sugar centrals. "(f) To make proper provision for the training of technical supervisors, employees, and laborers who may take' part in the work of a sugar central receiving the benefits of this Act. "(g) To sell any or all of the bonds purchased or acquired in accordance with the provisions of this Act, and to re-invest the proceeds as herein authorized, and to exercise any other powers necessary for carrying out the purposes specified in this Act."

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Other provisions in Act No. 2577

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. 2577 Section 2 (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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