Republic Act No. 4083

An Act Appropriating Five Million Pesos from the General Fund as a Permanent Insurance Fund for the Philippine Deposit Insurance Corporation

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1. There is hereby appropriated from the General Fund the amount of five million pesos to constitute the permanent insurance fund created under the provisions of Section ten (a) of Republic Act Numbered Thirty-five hundred ninety-one, to be used by the Philippine Deposit Insurance Corporation to carry out the purposes of the aforesaid Act.

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

Approved: June 18, 1964.