Manner of payment under this Act.
Section 5
SEC. 5. Manner of payment under this Act.—(a) Any marginal gold producer shall be entitled to the official price as hereinbefore defined under Section two (r) plus an assistance of sixty-five pesos per ounce from the Government for its production within the effectivity of this Act. (b) In cases of over-marginal gold mine or mines producing gold as by-product, such mines shall be entitled to the official price as hereinbefore denned under Section two (r) plus an assistance of fifty pesos per ounce from the Government within the effectivity of this Act: Provided, however, That the above provisions notwithstanding, in case of any marginal gold mine the total price, which includes the official price plus the assistance shall in no case exceed one hundred seventy pesos per ounce of gold; and in case of over-marginal gold mines, the total price, which includes the official price plus the assistance, shall in no case exceed one hundred fifty-five pesos per ounce of gold: Provided, finally, That during the term of this assistance, the gold producer enjoying the same shall give a bonus equivalent to five percent of the assistance it receives to be distributed among its employees whose salaries do not exceed five hundred pesos per month.