Revolving fund.
Section 10
SEC. 10. Revolving fund.— There is hereby authorized to be appropriated the sum of one hundred million pesos which shall be made available by the Congress as soon as practicable after the approval of this Act and shall constitute a revolving fund to be administered by the Administration as provided in this Act. Any sums or assets which MSA-PHILCUSA may assign to the Administration shall be constituted as part of this revolving fund except when it is provided that said sums or assets are to be used for research or operating expenses. The President of the Philippines is empowered to allocate and transfer to the Administration any unallocated unexpended collections made by bureaus under the Department of Agriculture and Natural Resources, from the sale and lease of public lands, abaca inspection fees, forest charges and others. The Administration, subject to the approval of the President of the Philippines, is authorized to float debentures to augment its revolving fund when Congress shall fail to make available adequate sums: Provided, however, that the aggregate amounts procured from the sources mentioned in this section shall not exceed the total of one hundred million pesos.