Section 5
SEC. 5. Section fifteen, Article eight of Republic Act Numbered Eleven hundred and thirty-five, is hereby amended to read as follows: "SEC. 15. Capitalization.—To carry out the purpose of this Act, there is created a special fund to be known as the 'Tobacco Industry Promotion Fund' which shall be taken from the taxes derived from the tobacco industry to be made available as follows: ten million pesos, which is hereby appropriated for the fiscal year nineteen hundred fifty-nine and nineteen hundred sixty, and, thereafter, an annual appropriation of ten million pesos is authorized for a period of five years, which shall be released not later than the end of the third quartet of every fiscal year. This fund will be apportioned the following manner: fifteen per cent will be for operating expenses; seventy-five per cent will be used for native tobacco cigar fillers trading; and ten per cent for researches to improve the tobacco industry in all its phases. "There shall be added to the capital of the Philippine Tobacco Administration all the funds, assets and properties still available belonging to the defunct National Tobacco Corporation. In the event that there is an urgent or immediate need for funds to carry out the trading operations of the PTA and the funds herein appropriated are insufficient for such trading operations, the PTA may borrow the needed amount to be guaranteed by the Central Bank of the Philippines from any of the government financial institutions like the Philippine National Bank, the Development Bank of the Philippines and the Government Service Insurance System."