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Act No. 2862 Section 6

Act No. 2862 Section 6

Section 6

SEC. 6. There are hereby appropriated, out of any funds in the Insular Treasury not otherwise appropriated, such sums as may be necessary for the payment of the stock of the National Iron Company to be acquired by the Government of the Philippine Islands: Provided, however, That the Insular Auditor shall not set up any sum on his books until necessary to make the payment or payments authorized by this Act: And provided, further, That unless otherwise provided by the Philippine Legislature, the sum available for investment during the year nineteen hundred and nineteen shall not exceed fifty thousand pesos, and a like sum shall be the maximum available for such investment during each subsequent year.

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Other provisions in Act No. 2862

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. 2862 Section 6 (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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