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Commonwealth Act No. 627

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COMMONWEALTH ACT NO. 627

COMMONWEALTH ACT NO. 627 - AN ACT APPROPRIATING AMOUNTS FROM THE COCONUT OIL EXCISE TAX FUND COLLECTED ON AND AFTER JANUARY FIRST, NINE HUNDRED AND THIRTY-NINE, FOR THE FISCAL YEAR ENDING JUNE THIRTIETH, NINETEEN HUNDRED AND FORTY-TWO

Section 1. Appropriation of funds. – The following sums, or so much thereof as may be necessary, are appropriated out of the collections that accrued and shall accrue to the Coconut Oil Excise Tax Fund in the Philippine Treasury on and after January first, nineteen hundred and thirty-nine, for the purposes hereunder specified, for the fiscal year ending June thirtieth, nineteen hundred and forty-two, unless otherwise stated:

OFFICE OF THE PRESIDENT

1. For scholarship in the United
States, or in foreign countries,
along scientific and technical lines
related to the development of
agriculture, commerce, and industries,
and other activities, and for expenses
of an economic commission to go
abroad to survey economic projects
and practices, that may help in the
adjustment of Philippine economy to
a position independent of trade
preferences in the United States
and otherwise prepare the Philippines
for the assumption of the responsibilities
of an independent state.P150,000.00

2. For the promotion and development
of the tourist trade in the Philippines
to be undertaken by any department,
corporation, agency, or instrumentality
of the Government which the President
of the Philippines may designate.100,000.00
––––––
Total for the office of the President P250,000.00
===========

DEPARTMENT OF AGRICULTURE
AND COMMERCE

3. Additional appropriation to continue
the agronomical survey of the
Philippines in accordance with the
provisions of Commonwealth Act
No. 418. P168,000.00

4. Additional appropriation for the
establishment, improvement, development,
maintenance, and operation of
agricultural experiment and demonstration
stations under the provisions of
section 1754 of the Administrative Code. 400,000.00

5. Additional appropriation to
continue the reforestation and
afforestation of open lands within
forest reserves, communal forests,
national parks and timberlands, sand
dunes, and such other areas already
certified as public forest lands, in
accordance with the provisions of
Commonwealth Act No. 304.540,000.00

6. Additional appropriation for the
classification, survey, and subdivision
of agricultural lands of the public
domain, especially those lying along
national highways, in accordance
with provisions of Commonwealth
Act No. 347 1,350,000.00

7. For the organization, maintenance
and operation of a School of
Fisheries under the Division (Bureau)
of Fisheries 333,000.00

8. For the creation of a special fund
to be known as the "Cinchona
Plantation Revolving Fund" for the
establishment, cultivation, development,
maintenance, and operation of cinchona
plantations, in public forest lands to be
administered by the Bureau of Forestry 150,000.00
––––––
Total for the Department of Agriculture
and Commerce P2,941,000.00
============

DEPARTMENT OF PUBLIC WORKS
AND COMMUNICATIONS

9. For the construction of flood
control works on the Agno River
System and the Pampanga River
System as authorized in items
D (w) and D (x) under section 1 of
Commonwealth Act No. 330P250,000.00

10. For the construction of irrigation
systems as authorized by Commonwealth
Act No. 369 2,520,000.00

11. Additional appropriation for the
construction, maintenance, and
operation of irrigation systems in
accordance with the provisions of
Act No. 2940 2,000,000.00

12. For the construction of a Central
Airport for Manila 1,000,000.00
––––––
Total for the Department of Public
Work and CommunicationsP5,770,000.00
=============

DEPARTMENT OF NATIONAL DEFENSE

13. Additional appropriation for
expenses of the Philippine Army,
including those for augmenting and
strengthening the Philippine Constabulary,
as recommended by the Civilian
Emergency Planning Board, subject
to authorization by the President
of the Philippines, this appropriation
to be available upon approval of this Act P3,000,000.00
––––––
Total for the Department of National Defense P3,000,000.00
============

GOVERNMENT CORPORATIONS

14. Additional appropriation for the
special fund created in Commonwealth
Act No. 521 for the establishment,
equipment, maintenance, and operation
of textile mills by any government-owned
corporation, agency, or instrumentality
of the Government which the President
of the Philippines may designateP1,500,000.00

15. For a geological and geophysical
survey of mineral oil deposits to
be undertaken by any government-owned
corporation, agency, or instrumentality
of the Government which the President
of the Philippines may designateP5000,000.00

16. Additional appropriation for the
special fund created in Commonwealth
Act No. 521 for the promotion of
the abaca industry by the National
Abaca and other Fibers Corporation,
or any agency or instrumentality of
the Government which the President
of the Philippines may designate, whose
aims shall be to improve the quality of
abaca and to lower its cost of production
and marketing so as to adequately meet
the requirements of local industry and
foreign markets, with a view to placing
this product in a position independent
of trade preferences in the United States
and otherwise to develop and adjust
the abaca industry as to contribute
effectively in strengthening the
national economy of the Philippines
preparatory to the assumption of
the responsibilities of an independent
state 500,000.00

17. Additional appropriation for the
special fund created in Commonwealth
Act No. 521 for the acquisition,
settlement, and cultivation of undeveloped
agricultural lands, for providing
opportunity to own farms to tenant
farmers and small farmers from
congested areas, and for encouraging
migration to sparsely populated
regions and facilitating the amalgamation
of the people in different sections of
the Philippines, for the purpose of
developing new crops that could take
the place of the present export crops
which may suffer from the loss of
preferences which they enjoy in the
American markets and otherwise help
in the adjustment of the national economy
of the Philippines so as to prepare the
latter for the assumption of the responsibilities
of an independent state, such activities
to be undertaken by the National Land
Settlement Administration, or any agency
or instrumentality of the Government
which the President of the Philippines may
designate P2,500,000.00

18. Additional appropriation for the
special fund created in Commonwealth
Act No. 521 under the administration
of the Agricultural and Industrial
Bank of the Philippines, for carrying
out the following objectives: (1) to
grant agricultural loans; (2) to
grant industrial loans; (3) to
establish and operate bonded warehouses;
(4) to subscribe for, underwrite,
purchase, or guarantee bonds
issued by non-governmental agricultural
or industrial concerns; and (5) to
grant loans for the purchase or charter
of vessels to be operated in the foreign
trade: Provided, That in accomplishing
the above enumerated objectives the
purpose shall be to adjust Philippine
economy to a position independent of
trade preferences in the United States
and otherwise prepare the Philippines
for the assumption of the responsibilities
of an independent state10,000,000.00

19. Additional appropriation for the special fund
known as the "Coconut Industry
Promotion Fund" created by Commonwealth
Act No. 518, entitled "An Act to establish
the National Coconut Corporation"2,000,000.00

20. Additional appropriation for the special
fund known as the "Tobacco Industry
Promotion Fund" created by Commonwealth
Act No. 519, entitled "An Act to establish
the National Tobacco Corporation"500,000.00

21. Additional appropriation for the Sinking
Fund Reserve for the amortization of the
outstanding bonded debt of the Manila
Railroad Company created in item
18, section one of Commonwealth Act
No. 552 3,000,000.00

22. Additional appropriation for the Alabang
Laboratories Revolving Fund to defray
the expenses for the construction, repair,
and improvement of the buildings, and
the acquisition of fixtures and equipment,
and other facilities that may be necessary
to convert the Alabang Laboratories of
the Institute of Hygiene, University of
the Philippines, into a modern State
Public Health Laboratory: Provided, That
this appropriation or any part thereof
may be used for the establishment,
acquisition, or leasing of similar laboratories
if in the judgment of the President of the
Philippines such action is necessary to
insure an adequate supply of vaccine,
sera, and other biological products needed
for the protection of the public health
in times of emergency: Provided, further,
That this appropriation shall be available
for expenditure upon approval of this Act 200,000.00
––––––
Total for Government CorporationsP20,700,000.00
––––––
GRAND TOTAL P32,661,000.00
=============

Section2. Reduction of appropriations previously authorized for the same purposes. – The appropriations authorized in Commonwealth Acts Numbered Three hundred thirty, Three hundred sixty-nine, and Four hundred fifty-nine for the same purpose for which appropriations made in this Act are intended are reduced to the extent of the amounts of the latter.

Section3. Investment of Sinking Fund Reserve. – The Treasurer of the Philippines is authorized to invest the whole or any part of the appropriation for the sinking Fund Reserve authorized in item 21 of section one hereof in accordance with the provisions of Act Numbered Three thousand fourteen. All expenses in connection with such investment shall be charged against the said sinking fund reserve.

Section4. Reversion of unexpended balances. – Any balance of the appropriations herein provided remaining unexpended at the end of the fiscal year for which authorized shall continue to be available for expenditure for the same purposes during the subsequent fiscal years until exhausted, or the work or purpose for which the appropriation was made has been completed or accomplished. In the latter case, such unexpended balance shall revert to the un-appropriated surplus of the fund.

Section5. Authority of the President to transfer amounts. – The President of the Philippines is authorized to transfer any amount appropriated for any item or portion thereof in any purpose to any other item or items under the same purpose.

Section6. Suspension of expenditures of appropriations. – The President of the Philippines is authorized to suspend or otherwise stop the expenditure of any amount herein appropriated for any purpose, or any portion thereof, whenever in his opinion the public interest so requires, and thereupon the funds affected by such action shall become available for expenditure in connection with the national defense of, and the protection of the civilian population in, the Philippines in case of any national emergency, including increases in the expenses of the Philippine Army and the Philippine Constabulary as well as expenses for the organization of volunteer or home guards, or for any other expenditure authorized in this Act, as the President may determine, the provisions of this Act or any other Act to the contrary notwithstanding.

Section7. Authority to purchase automobile, auto-jitneys, or station wagons. – When expressly authorized by the President of the Philippines, the appropriation authorized in items 16, 17, 18, 19, 20, and 22 of section one hereof may be used for the purchase of automobiles, auto-jitneys, or station wagons.

Section8. Purpose for which appropriations may be used. – The amounts appropriated in this Act shall be disbursed in conformity with the provisions of this Act and of the Act of Congress of March twenty-fourth nineteen hundred and thirty-four (Public Act No. 127, 73rd Congress). as amended by the Act of Congress of August seventh, nineteen hundred and thirty-nine (Public Act No. 300, 76th Congress).

Section9. Effective date. – This Act shall take effect on July first, nineteen hundred and forty-one, except where otherwise stated.
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Since 19.07.98.




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