Section 2
SEC. 2. The tax imposed under Section one hereof shall be paid to the Central Bank of the Philippines or its agents by the purchaser of the foreign exchange and the Central Bank of the Philippines or its agents shall not sell any foreign exchange subject to the tax imposed herein, without the payment of the said tax. The monies collected shall accrue to the General Fund in the National Treasury and shall be remitted within the period and subject to the conditions applicable to remittances of tax collections.