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Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled;SECTION 1. Section one of Act Numbered Thirty-five hundred, as amended by Commonwealth Act Numbered Two hundred and twelve, is hereby further 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 national or provincial roads in the Philippines, which shall be expended under the supervision of the Secretary of Public Works and Communications. 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 Secretary of the Interior, 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 fund herein appropriated shall not be released unless and until the Secretary of Finance and the Auditor General shall have certified to the President that there are existing and available funds in the National Treasury in excess of the sums appropriated in the general appropriation law for the fiscal year ending June thirty, nineteen hundred and forty-eight, and the priority appropriations established by law: Provided, That the President may order the release in full or in installments of the funds herein authorized as the Secretary of Finance and the Auditor General may certify to their existence and availability.
Source: Supreme Court E-Library