Law Summary
Appropriation for Initial Pension Payment in 1920
- A sum of ten thousand pesos, or an amount sufficient thereof, is appropriated from unallocated funds in the Insular Treasury for the pension payment for the year 1920.
- Any unexpended balance of this appropriation by December 31, 1920, shall revert to the Insular Treasury.
Annual Appropriation for Pension Payment
- The pension amount required for subsequent years is to be included and appropriated in the General Appropriation Act every year.
Effectivity of the Act
- This legislation shall take effect immediately upon approval.