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Republic Acts

Republic Act No. 302

PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY

REPUBLIC ACTS




REPUBLIC ACT NO. 302
REPUBLIC ACT NO. 302 - AN ACT TO APPROPRIATE THE SUM OF THREE MILLION PESOS AS ADDITIONAL CAPITAL FOR THE NATIONAL TOBACCO CORPORATION

Section 1. There is hereby appropriated out of any funds in the National Treasury, the sum of three million pesos, as additional capital for the National Tobacco Corporation: Provided, That not more than twenty per centum shall be spent for salaries and wages.

Sec. 2. This Act shall take effect upon its approval.

Approved: June 17, 1948

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