Appropriation and purpose of funds
- Section 1 appropriates PHP 180,000 for the procurement and propagation of coffee and cacao seeds and seedlings.
- The appropriation is made for distribution at cost to planters in the Philippines.
- The appropriation is sourced from any fund available in the National Treasury of the Philippines not otherwise appropriated.
- The appropriation is expressly intended to finance the project activities described under Section 1, including procurement and propagation for seedling distribution.
Special fund for proceeds
- Section 2 establishes a special fund called the Coffee and Cacao Development Fund.
- Section 2 requires that proceeds from the sale of coffee and cacao seeds and seedlings accrue to this Coffee and Cacao Development Fund.
- Section 2 makes the fund available to the Director of Plant Industry to finance the project defined in Republic Act No. 1342.
Coverage, beneficiaries, and beneficiaries’ cost
- Section 1 covers procurement and propagation of coffee and cacao seeds and seedlings intended for distribution at cost.
- The distribution at cost is for planters in the Philippines.
- Section 1 centers administration and implementation through the Bureau of Plant Industry.
Implementation responsibility
- Section 2 authorizes the Director of Plant Industry to use the Coffee and Cacao Development Fund to finance the project defined in Republic Act No. 1342.
- Section 1 directs the Bureau of Plant Industry to advance the coffee and cacao development program of the National Agricultural Council using the appropriation.
Relationship to other obligations
- Section 1 limits the appropriation’s source to funds available in the National Treasury that are not otherwise appropriated.