TL;DR — Key Purpose
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 t…
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 Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled: 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 ₱1,920 per annum for eleven (11) months ₱6,160,000 Salaries of 20 elementary grades teachers, at ₱1,920 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 ₱225 per class 792,000 1шphi1 For the purchase of furniture and equipment, at ₱200 per class 704,000 Total ₱8,238,304 Section 2. This Act shall take effect upon its approval. Approved: June 20, 1959. The Lawphil Project - Arellano Law Foundation