Act No. 1221

Explanation: Act No. 1221 authorizes the Provincial Board of Tayabas to loan five thousand pesos from provincial funds to the Municipality of Lucena, specifically for the completion of a public school building.
Key Definitions:
- Provincial Board: The governing body of the Province of Tayabas.
- Municipality of Lucena: A local government unit within the Province of Tayabas.
Important Requirements: The loan is supplementary to a previously authorized loan under Act No. 818.

Explanation: The loan of five thousand pesos is to be repaid to the provincial treasury within six months of the refund of the loan authorized in Act No. 818.
Key Definitions:
- Loan Amount: Five thousand pesos (₱5,000) in Philippine currency.
- Public School Building: The intended purpose for which the loan is allocated.
Timeframes:
- The loan must be repaid within six months from the date of the refund of the loan authorized by Act No. 818.
Interest: The loan is to be repaid without interest.

Explanation: Due to the necessity for swift action for the public good, the passage of this Act is expedited.
Reference to Other Laws: This expedited process aligns with Section 2 of "An Act prescribing the order of procedure by the Commission in the enactment of laws," dated September 26, 1900.
Important Procedures: The Act is allowed to be passed without the usual delays due to its urgency.

Act No. 1221 enables the Provincial Board of Tayabas to provide a loan of ₱5,000 to Lucena for educational infrastructure.
The loan must be repaid within six months of a previous loan's refund, without incurring interest.
The passage of the Act was prioritized due to the urgency of the public need, with immediate effect upon enactment.