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CA 528 Section 5

Section 5

SEC. 5. A standing annual appropriation is made out of the general funds in the National Treasury, not otherwise appropriated, of such sums as may be necessary to provide for-the sinking funds created in the next preceding section hereof, for the interest on the bonds issued by virtue of this Act and for the expenses incidental to the investment of the sinking fund. A further appropriation is made out of any funds in the National Treasury, not otherwise appropriated, of a sufficient sum to cover the expenses of the issue and sale of the bonds.issued by virtue of this Act: provided, That the Metropolitan Water District shall reimburse the Government for such expenses within thirty days after the receipt of a statement of the same from the Treasurer of the Philippines.

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Other provisions in CA 528

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 528 Section 5 (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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