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Republic Acts

Republic Act No. 2350

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

REPUBLIC ACTS




REPUBLIC ACT NO. 2350
REPUBLIC ACT NO. 2350 - AN ACT APPROPRIATING THE SUM OF EIGHT MILLION TWO HUNDRED THIRTY-EIGHT THOUSAND THREE HUNDRED FOUR PESOS FOR THE CURRENT OPERATION AND MAINTENANCE OF THE THREE THOUSAND FIVE HUNDRED TWENTY ADDITIONAL EXTENSION CLASSES ORGANIZED IN AUGUST AND NOVEMBER, NINETEEN HUNDRED AND FIFTY-EIGHT

Section 1. The sum of eight million two hundred thirty-eight thousand three hundred four pesos, or so much thereof as may be necessary, is thereby appropriated, out of any funds in the National Treasury not otherwise appropriated for the operation and maintenance of the three thousand five hundred twenty additional elementary classes organized in August and November, nineteen hundred and fifty-eight, up to the end of the current fiscal year, in the following manner and form:

Salaries of 3,500 elementary grades teachers,
at P1,920 per annum for eleven (11)
months P6,160,000

Salaries of 20 elementary grades teachers,
at P1,920 per annum for eight
(8) months 25,600

Life insurance premiums, government
share, at three per centum of salary 185,568

Retirement insurance premiums, government
share, at six per centum of salary 371,136

For the purchase of textbooks, at P225
per class 792,000

For the purchase of furniture and equipment,
at P200 per class 704,000
_________

Total 8,238,304

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

Approved: June 20, 1959

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