ChanRobles Virtual law Library
PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Republic Acts :
REPUBLIC ACTS
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REPUBLIC ACT NO. 1402 - AN ACT TO
AMEND THE FIRST PARAGRAPH OF SECTION ONE OF ACT NUMBERED THIRTY-FIVE
HUNDRED, AS AMENDED |
Section 1. The
first paragraph of section one of Act Numbered Thirty-five hundred, as
amended by Republic Act Numbered One hundred forty-one, is amended to
read as follows: "Section 1. The
sum of ten million pesos is hereby appropriated out of any funds in the
National Treasury not otherwise appropriated, to constitute a revolving
fund for the construction of permanent bridges on, and for the
acquisition of road rights of way and engineering surveys and
investigations of, national or provincial roads in the Philippines,
which shall be expended under the supervision of the Secretary of
Public Works and Communications: Provided, That not less than the sum
of two million pesos of said revolving fund shall be made available for
the acquisition of road rights of way and for the survey and planning
of roads and bridges, funds for which projects have previously been
authorized by law, and which shall be repaid without interest from the
construction allotments of the said projects either under the
Philippine Highway Act of 1953 or under public works appropriations.
Said bridges shall be declared toll bridges for a period not exceeding
twenty years. Tolls shall be collected from all traffic using such
bridges in accordance with rates to be fixed by a board composed of the
Secretary of Public Works and Communications, as chairman, the
Secretary of Finance, and the Executive Secretary, as members:
Provided, however, That no toll charges shall be collected from
pedestrians, whether alone or accompanying animals, or any person
mounted on bicycle or an animal-drawn vehicle. The Secretary of Public
Works and Communications shall issue such rules and regulations as may
be necessary to implement the provisions of this Act." Sec. 2. This Act shall take effect upon its approval. Approved: September 9, 1955 |