Commonwealth Act No. 414

: The primary purpose is to provide funds so that the President of the Philippines may continue negotiations with the United States to adjust the economic and trade relations between the two countries.
: It was approved on March 13, 1939.
: One hundred fifty thousand pesos was appropriated.
: The funds are appropriated out of any funds in the Philippine Treasury not otherwise appropriated.
: The President of the Philippines is authorized to use the funds at his discretion.
: They can be used to defray the necessary expenses incurred in connection with the negotiations between the Philippines and the United States regarding economic and trade relations.
: The negotiations are aimed at adjusting the economic and trade relations between the United States and the Philippines on a basis mutually beneficial to both countries.
: No, the Act does not specify any penalties or sanctions.
: The Act took effect upon its approval on March 13, 1939.
: It was enacted by the National Assembly of the Philippines.