Section 2
SEC. 2. Wherever in any law of the Philippines any word or expression is used which hitherto has been construed1 to mean or to refer to a fiscal year ending with the thirty-first day of December, the same shall hereafter be construed to mean or to refer to a fiscal year as herein before defined, when applied to any period of twelve months after the thirtieth day of June, nineteen hundred and thirty-nine; and wherever the words "thirty-first day of December" appear as denoting the last day of fiscal year, the words "thirtieth day of June" shall be considered as substituted for the same purposes of construction.