Section 7
SEC. 7. A standing annual appropriation is hereby made out of the general funds in the Insular Treasury, of such sums as may be necessary to provide for the sinking fund created in section six and for the interest on the insular bonds issued by virtue of this Act. A further appropriation is hereby made out of the general funds in the Insular Treasury, not otherwise appropriated, of a sufficient sum to cover the expenses of the issue and sale of the insular and provincial bonds authorized by this Act. The Insular Government shall be reimbursed by the Province of Cebu for the sums so disbursed for the sinking fund, interest, and expenses of the issue and sale of the bonds, within thirty days after payment of said expenses by the Insular Government. In case the Provincial Board of Cebu, shall fail to make such reimbursement, the Collector of Internal Revenue and the provincial treasurer of Cebu are hereby authorized and directed, any provisions of existing law to the contrary notwithstanding, to withhold from the revenues of said province that may come into their possession an amount sufficient to make said reimbursement or any other reimbursement above provided and shall deposit said sum with the Treasurer of the Philippine Islands, to the credit of the general funds of the Insular Government.