Appropriation and Allocation of Funds
- An appropriation of four hundred thousand pesos is allocated from the Insular Treasury for implementing the law's objectives.
- Funds are designated for purchasing large cattle, constructing necessary infrastructure such as fences and buildings, personnel salaries, and other essential expenses.
- The Secretary has authority to appoint unclassified personnel for executing these activities.
Control and Use of Stock Herd Animals
- The Secretary can order the sale of animals not necessary to sustain or develop the herds, subject to existing and future regulations.
- Proceeds from such sales shall form a "Stock herd promotion fund."
- This fund is dedicated to maintaining current herds and farms, acquiring new animals, building or repairing facilities, and establishing additional herds/farms unless changed by legislation.
Sale of Improvements at Alabang Station
- The Secretary may sell improvements at the Alabang station in the manner deemed most beneficial to the government.
- Proceeds from these sales must be deposited into the Insular Treasury as part of the general fund.
Repeal of Prior Related Acts and Management of Existing Assets
- Acts numbered 2374 and 2497 are repealed by this legislation.
- Any remaining unexpended funds from these prior acts revert to the Insular Treasury.
- Large cattle previously acquired under the repealed acts are to be managed according to the provisions of this law.
Effectivity of the Act
- The law takes effect immediately upon approval, allowing prompt implementation of its provisions.