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RA 4898 Section 7

RA 4898 Section 7

Section 7

SEC. 7. To carry out the purposes of this Act, there is hereby authorized to be appropriated out of any funds in the National Treasure not otherwise appropriated, the amount of two million two hundred fifty thousand pesos to pay the annual premiums starting upon the approval of this Act. Thereafter, there shall be authorized to be appropriated annually and included in the General Ap­propriations Act for every subsequent year, out of any funds in the National Treasury not otherwise appropriated, the amount of two million two hundred fifty thousand pesos or such amount as may be necessary to pay the annual premiums payable by the national government by virtue of this Act as certified to by the Presidential As­sistant on Community Development: Provided, That any of such amount not used to pay said premiums shall auto­matically revert to the general fund.

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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 4898 Section 7 (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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