Question & AnswerQ&A (Republic Act No. 310)
Republic Act No. 310 is an act recreating the revolving fund known as "The Public Land Survey and Subdivision Fund," intended to hasten the subdivision of public agricultural land as provided under Commonwealth Act No. 630, and for other related purposes.
The revolving fund, known as "The Public Land Survey and Subdivision Fund," was originally provided for under Commonwealth Act Numbered Six Hundred Thirty.
The purpose of the Fund is to enable the Bureau of Lands to undertake the survey, delimitation, and subdivision of lands of the public domain, particularly to hasten the subdivision of public agricultural land.
The sum of ten million pesos (₱10,000,000) was appropriated out of any funds in the National Treasury not otherwise appropriated.
The Director of Lands is authorized to expend the funds with the approval of the Secretary of Agriculture and Natural Resources.
Two million pesos (₱2,000,000) shall be released and/or expended annually from the Fund during a period of five years.
The unexpended balance at the end of any fiscal year shall continue to form part of the Fund and shall be available for expenditure in subsequent fiscal years.
Yes, upon recommendation of the Secretary of Agriculture and Natural Resources, the President may make any portion of the fund available to the Bureau of Forestry to undertake the classification and delimitation of forest lands under the public domain.
The Act took effect as of July 1, 1948.
The unexpended balance of the revolving fund had been transferred to the General Fund in the Philippine Treasury and appropriated for national defense and the protection of civilians under Commonwealth Act Numbered Six Hundred Thirty, but Republic Act No. 310 recreated the fund for its original purpose.