Sec. 7. There are appropriated out of the proceeds of the coconut oil excise tax or out of any other available funds in the Philippine Treasury such sums as may be necessary to pay for such part or parts of the capital as may be required from time to. time by the Board of Directors with the approval of the President of the Philippines, but the aggregate value of which shall not exceed four million pesos in any one year.
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 441 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).
