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Commonwealth Act No. 650

Commonwealth Act No. 650

AN ACT AMENDING SECTION ONE OF COMMONWEALTH ACT NUMBERED TWO HUNDRED AND TWENTY-THREE AND APPROPRIATING THREE HUNDRED THOUSAND PESOS AS ADDITIONAL FUND FOR THE AWARD OF INCREASED AIR MAIL CONTRACTS.

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Section 1

Section 1. Section one of Commonwealth Act Numbered Two hundred and twenty-three is amended to read as follows:

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Section 2

Section 2. There is appropriated, out of any funds in the Philippine Treasury not otherwise appropriated, the sum of three hundred thousand pesos as additional fund for the extension of air routes and for the increase in base rate of the air mail contracts: Provided, That in subsequent years the sum of four hundred and fifty thousand pesos shall be included in the Appropriation Act. The unexpended balance at the end of such year shall revert to the unappropriated general funds in the Philippine Treasury.

Section 3

This Act shall take effect upon its approval

Section 3. This Act shall take effect upon its approval.

APPROVED, June 16, 1941.