Sinking Fund.
Section 20
SEC. 20. Sinking Fund. — The Authority is hereby authorized to pay out of its appropriations, operating income, proceeds from its borrowings or issuance of bonds and other instruments of indebtedness, and from all other sources of funds, the amounts necessary to meet its maturing obligations on the loans, credits or indebtedness contracted by the Authority or on the bonds, notes, or other instruments of indebtedness issued by it. For this purpose, a sinking fund may be established out of said sources of funds of the Authority in the Central Bank of the Philippines in such manner that the total thereof at each due date of the bonds and other instruments of indebtedness and the loans, credits or indebtedness contracted by the Authority shall be equal to the aggregate maturing obligations or amortization as of that date. Said fund shall be under the custody of the Central Bank of the Philippines under a special a count, which shall invest the same in such manner as the Monetary Board may approve, charging all expenses of such investments to said sinking fund and crediting the same with interest on investments and other income belonging to it. A standing appropriation is hereby made out of any general fund in the National Treasury not otherwise appropriated, of such sum as may be necessary to meet all obligations of the Government of the Republic of the Philippines under all guarantees which may be executed by it pursuant to this Decree, in case such sinking fund shall be insufficient to fully pay the indebtedness of the Authority guaranteed by the Government of the Republic of the Philippines or the Authority fails to fully pay the same by some other means.