Section 358
Section 358 of the National Internal Revenue Code, as amended by Republic Act No. 6110 be amended to read as follows: "SEC. 358. Disposition of proceeds of certain taxes. — One percent of the proceeds from the percentage taxes provided in Title V shall accrue to a special fund which shall be disbursed for the effective implementation of the provisions of this Code, including research, the purchase of necessary vehicles and equipment, confidential tax information; for services and maintenance, rental amortization of buildings, construction and repair of national, regional and district offices. This amount shall be considered receipts automatically appropriated and shall be retained and disbursed by the Commissioner of Internal Revenue. The provisions of any law, rules or regulations to the contrary notwithstanding, any disbursement from this fund shall be accounted for solely on the certificate of the Commissioner of Internal Revenue. After deducting the special fund stated herein and the existing special allotments, the balance of the proceeds shall be disposed of in accordance with Presidential Decree No. 144, Series of 1973. This amendment shall be effective only for a period of six years from July 1, 1973, unless extended. Done in the City of Manila, this 13th day of March, in the year of Our Lord, nineteen hundred and seventy-three. (Sgd.) FERDINAND E. MARCOS President Republic of the Philippines By the President: (Sgd.) ROBERTO V. REYES Assistant Executive Secretary