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Act No. 682 Section 2

Section 2

SEC. 2. The appropriations herein made shall be withdrawn from the Treasury in local currency at the ratio authorized at the time of the withdrawal; and payments in local currency of all obligations of the Insular Government, properly expressed in United States currency, shall be at the ratio in force at the time of payment, except salaries, which shall be paid at the ratio existing on the next to the last day of the month for which they are paid; and in any case where a deficiency thereby arises in an appropriation for salaries, the appropriation of such further sums as may be necessary to meet the authorized salary payments in such branch of the Insular Government is hereby made.

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Other provisions in Act No. 682

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. 682 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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