Question & AnswerQ&A (Republic Act No. 4823)
Republic Act No. 4823 amends Section Fourteen of Republic Act No. 3680.
The appropriations are for the operation and maintenance of one laboratory ship and for procuring and maintaining one training ship using reparations from Japan.
Five hundred thousand pesos is appropriated for the fiscal year 1966 to 1967.
It is appropriated from any funds in the National Treasury not otherwise appropriated.
After that fiscal year, the necessary amount for maintenance and operation, including the ships, shall be included in the annual General Appropriations Act.
One laboratory ship and one training ship are specifically mentioned.
The reparations received from Japan are the source of funds for procuring and maintaining the training ship.
The law took effect upon its approval on June 18, 1966.
The Philippine Merchant Marine Academy benefits from the allocations for its operation and ship maintenance.
Yes, future funding will be included in the annual General Appropriations Act.