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Act No. 3013 Section 8

Act No. 3013 Section 8

Section 8

SEC. 8. In the event that the proceeds of the sale of the bonds issued by virtue of this Act exceed the amounts necessary to satisfy the appropriations made under sections five, six, and seven of this Act, such excess is hereby appropriated to the general funds of the Insular Treasury, and the Insular Treasurer is hereby authorized and directed to forthwith transfer the same thereto. In the event that the proceeds of the sale of said bonds are insufficient for the above purposes the appropriation provided for in section five of this Act shall first become effective, and any balance remaining thereafter shall be considered as appropriated proportionally between the purposes set forth in sections six and seven.

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Other provisions in Act No. 3013

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. 3013 Section 8 (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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