Section 7
Sec. 7. A standing annual appropriation is made out of any general funds in the National Treasury, of such sum as maybe necessary to provide for the sinking fund created in section six and for the interest on the National Government bonds issued:by virtue of this Act. A further appropriation is made out of the general funds in the National Treasury not otherwise appropriated, of a sufficient sum to cover the expenses of the issue and sale of the National Government and city bonds authorized by this Act. The National Government shall be reimbursed by the City of Bacolod for the sums so disbursed by it for the sinking fund, interest, and expenses of the! issue and sale of the bonds within thirty days after payment of-said expenses by the National Government out of the general fund of the city. In case the City Council of Bacolod shall fail to make such reimbursement, the Collector internal Revenue and the city treasurer of the City of Bacolod are authorized and directed, to withhold from the revenues of the said city that may come; in to their possession an amount sufficient to make the reimbursement or any other reimbursement above, provided, and shall deposit sum with the Treasurer of the Philippines, to the credit of the general funds of the National Government.