Appropriation of Funds
- Initial appropriation authorized: PHP 200,000 from the National Treasury for the fiscal year 1972.
- Purpose of the funds: to implement the establishment and maintenance of the pilot farms and nurseries.
- Annual allocation thereafter: PHP 40,000 to cover operational and maintenance expenses included in the General Appropriations Act.
Effectivity of the Act
- The Act takes effect immediately upon approval.
Key Legal Provisions
- The law specifically mandates government involvement and funding for aquaculture development in designated municipalities.
- The Fisheries Commissioner holds supervisory authority over these projects.
- The Act ensures continuing financial support through annual budget appropriations for sustainability.
Scope and Impact
- Focus on enhancing aquaculture through pilot projects in fish and shrimp farming.
- Targeted geographical scope limits projects to specific municipalities within Surigao del Sur.
- Promotes local development in aquaculture, likely contributing to economic and community benefits in the region.