My bookmarksSign up free

CA 216 Section 7

CA 216 Section 7

Section 7

SEC. 7. The municipal treasurer of the municipality wherein a market building is constructed under this Act shall be in charge of the collection of charges for admission to and use of the market, and with the approval of the Public Markets Board, the respective provincial treasurer shall appoint duly bonded collectors. After deducting sueh expenses for the maintenance and operation of the market as may be authorized by the provincial treasurer and approved by the Public Markets Board, the balance of collections shall be turned over to the Philippine Treasury for the account of the Public Markets Revolving Fund, and shall be available for investment in the construction of other market buildings: Provided, That if the collections are not sufficient to cover the annual payment of such amount as is calculated to reimburse the Public Markets Revolving Fund within the period set therefor not to exceed fifteen years, the municipal council concerned shall appropriate the necessary funds to cover the deficiency.

Read the full instrument →

Other provisions in CA 216

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

CitationCA 216 Section 7 (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).

Continue your research