Amendment to Act Numbered Three thousand five hundred.
Section 11
SEC. 11. Amendment to Act Numbered Three thousand five hundred.—All provisions of Act Numbered Three thousand five hundred, as amended by Commonwealth Act Numbered Two hundred and forty-one, to the contrary notwithstanding, the funds appropriated therein shall be made available for construction of permanent bridges, free of tolls, to replace any existing temporary wooden bridge on the national and "national aid" highway systems: Provided, however, That the annual amortization needed to recover the cost of construction of the bridge, plus interest at four per centum per annum, shall be paid partly or wholly from the share of the province or city, as the case may be, from the Highway Special Fund as provided in the next preceding section. The Secretary of Public Works and Communications shall promulgate the necessary rules and regulations to carry out the purposes of this section: Provided, however, That preference shall be given to the construction of small bridges, the cost of which can be amortized within a short Period: Provided, further, That the amortization period shall not exceed twenty years.