EXECUTIVE ORDER NO. 167

Legal Principle: This executive order officially terminates the collection of tolls at the Calumpang River Bridge located in the Province of Batangas.
Authority: The order is enacted by Ramon Magsaysay, who, as the President of the Philippines, exercises the powers vested in him by law.

Construction Cost Payment: The order stipulates that a portion of the construction costs of the Calumpang River Bridge, which was funded by a revolving fund established under Act No. 3500 (as amended), must be reimbursed.
- Key Definition: "Revolving fund" refers to a fund that is replenished as expenditures are paid back.
- Interest Requirement: The reimbursement must include the interest accrued on the amount drawn from the revolving fund.

Payment Source: The amount to be paid back to the revolving fund will be sourced from the share of the Province of Batangas from the Highway Special Fund.
- Cross-Reference: This provision is governed by Section 11 of Republic Act No. 917, which outlines the allocation of the Highway Special Fund.

Execution Date: The order was signed and executed in the City of Manila on March 15, 1956.
Independence Reference: The order references the tenth year of Philippine Independence, establishing its historical context.

Signatory Authority: The order is signed by Ramon Magsaysay, the President, and countersigned by Fortunato De Leon, Acting Executive Secretary, indicating the official nature of the document.

Executive Order No. 167 permanently ends toll collection at the Calumpang River Bridge in Batangas.
A financial obligation remains for the Province of Batangas to reimburse part of the construction costs from a designated fund.
The order is legally backed by provisions from existing laws, particularly relating to highway funding.
It reflects the administrative powers of the President in managing public infrastructure funding and toll policies.