Section 2
SEC. 2. The sum of forty million pesos (P40,000,000) is hereby appropriated to the Agricultural Guarantee Fund out of which ten million pesos (P10,000,000) shall be programmed for Fiscal Year 1974-75 and the balance shall be programmed in like amounts annually thereafter for three (3) years. The amount herein appropriated together with its earnings shall be used solely to absorb guaranteed losses: Provided, however, That amounts not immediately needed for the payment of guaranteed losses shall be invested in high grade securities, preferably government or government-guaranteed securities.