[ Act No. 3625, December 05, 1929 ]
AN ACT TO APPROPRIATE THE SUM OF TWENTY THOUSAND PESOS FOR THE PROMOTION, ORGANIZATION, AND SUPERVISION OF COOPERATIVE MARKETING ASSOCIATIONS AMONG PRODUCERS OF AGRICULTURAL PRODUCTS IN THE PHILIPPINES BY THE BUREAU OF COMMERCE AND INDUSTRY, AND FOR OTHER PURPOSES.
Be it enacted by the Senate and House of Representatives of the Philippines in
Legislature assembled and by the authority of the same:
Section 1. There is hereby appropriated out of the funds of the Insular Treasury not otherwise appropriated, the sum of twenty thousand pesos, to be used for the promotion, organization, and supervision of cooperative marketing associations organized under Act Numbered Thirty-four hundred and twenty-five known as the "Cooperative Marketing Law."
Section 2. The money appropriated by this Act shall be disbursed by the Director of commerce and Industry, with the approval of the Secretary of Commerce and Communications, for salaries of the necessary personnel, traveling expenses, office supplies and equipment and for such other expenditures as he may deem necessary for the proper carrying out of the purposes of this Act: Provided, however, That no person appointed under this Act shall receive as compensation more than three thousand and six hundred pesos annually.1aшphi1
Section 3. It shall be the duty of the Director of Commerce and Industry to submit annually to the Philippine Legislature through proper channels, an estimate of expenditures necessary to carry out the work specified by this Act; and the inclusion of such estimate of expenditures in the proposed budget for every year is hereby authorized.
Section 4. This Act shall take effect on January first, nineteen hundred and thirty.
Approved, December 5, 1929.
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