Section 2
SEC. 2. To pay for the additional capital subscription mentioned in the preceding section, the sum of Two Hundred Fifty Million Pesos (P250,000,000.00) is hereby appropriated out of the available funds in the National Treasury, Fifty Million Pesos (P50,000.00) of which shall be released in Calendar Year 1977 for the equity contribution to the copper smelter project and subsequent releases for such project shall be made from time to time in accordance with a schedule of equity payments as recommended by the Presidential Advisory Committee on the Copper Industry and approve by the President of the Philippines.