Allotment of internal revenue and other taxes.
Section 62
SEC. 62. Allotment of internal revenue and other taxes.—Of the internal revenue accruing to the National Treasury under Chapter II, Title XII of Commonwealth Act Numbered Four hundred and sixty-six, and other taxes collected by the National Government and allotted to the various provinces, as well as the national aid for schools, the City of La Carlota shall receive a share equal to what it would receive if it were a regularly organized province: Provided, That ten per centum of the general fund of the city shall accrue to the Province of Negros Occidental to be expended by the provincial government for provincial public works improvements in the City of La Carlota: Provided, further, That the Province of Negros Occidental may grant financial or material aid to the City of La Carlota in case the financial condition of the city do not warrant the prosecution of public works projects therein.