Republic ActNational
RA 302 - An Act to Appropriate the Sum of Three Million Pesos as Additional Capital for the National Tobacco Corporation
June 17, 1948Business & Trade
Republic Act No. 302
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
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.
Section 2
This Act shall take effect upon its approval.
Approved: June 17, 1948.
Cite this
RA 302 - An Act to Appropriate the Sum of Three Million Pesos as Additional Capital for the National Tobacco Corporation. BatasPH. Approved June 17, 1948. https://batasph.thirdygayares.com/republic-acts/republic-act-no-302
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