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Act No. 821 Section 3

Section 3

SEC. 3. No moneys appropriated in this Act are available for withdrawal in other than United States currency or Philippines currency, at the option of the Insular Treasurer. In any case where it appears to the satisfaction of the Secretary of Finance and Justice that any obligation of the provincial government of Mindoro, entered into by contract or otherwise, is legally payable only in Mexican or Spanish-Filipino currency, and the appropriation available therefor is in United States currency or Philippines currency, the Secretary of Finance and Justice may authorize the Insular Treasurer to transfer to the provincial supervisor-treasurer of Mindoro the amount of Mexican or Spanish-Filipino currency required for said payment, in exchange for the equivalent amount in United States currency or Philippines currency at the authorized rate of exchange at the time such exchange is made. Notice of such exchange, with the authority therefor, shall be given forthwith to the Auditor by the Insular Treasurer and the provincial supervisor-treasurer of Mindoro.

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Other provisions in Act No. 821

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. 821 Section 3 (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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