Act No. 456 Section 2

Section 2

SEC. 2. That part of section three of Act Numbered Pour hundred and thirty which provides that "no contract or obligation of the Insular Government entered into by the head of any Department, Bureau, or Office shall hereafter be made payable only in United States currency, but may be made payable in United States currency or its equivalent in local currency, at the ratio authorized by the Civil Governor at the time of payment, at the option of the Government," is hereby repealed.

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Other provisions in Act No. 456

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. 456 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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