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RA 2023 Section 153

RA 2023 Section 153

Appropriation: nonagricultuml co-operative fund.

Section 153

SEC. 153. Appropriation: nonagricultuml co-operative fund.—To carry out the provisions of this Act, there is hereby authorized to be appropriated, out of any funds in the National Treasury not otherwise appropriated, the sum of fifty million pesos (P 50,000,000.00), which shall be known as the Non-Agricultural Co-operative Fund: Provided, however, That of the said sum, two million two hundred fifty thousand pesos (P2,250,000) shall be made immediately available from the proceeds of the bonds authorized to be issued under Republic Act Numbered One Thousand for the following purposes: Two million pesos (P2,000,000.00) for the initial capital investments required under Chapters XV and XVI, and Two hundred fifty thousand pesos (P250.000.00) for certain costs of administration provided for in Sections one hundred nineteen and one hundred thirty-three hereof.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER XVII.—Miscellaneous →

Other provisions in CHAPTER XVII.—Miscellaneous

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationRA 2023 Section 153 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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