PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACT NO. 4108 - AN ACT TO AUTHORIZE AN APPROPRIATION FOR THE DEVELOPMENT OF THE MINDANAO STATE UNIVERSITY, AND FOR OTHER PURPOSES
1. The sum of fifteen million pesos is hereby
authorized to be appropriated out of any funds in the National Treasury
not otherwise appropriated, to be made available to the Mindanao State
University at the rate of three million pesos annually beginning the
fiscal year nineteen hundred and sixty-five, to support its
development, including capital outlay for permanent improvements and
for other purposes at the discretion of its Board of Regents: provided,
that any amount of the said fifteen million pesos not released to the
University after five years shall continue to be made available until
the whole amount appropriated shall have been used by the University,
any provision of law to the contrary notwithstanding.
Sec. 2. This Act shall take effect upon its approval.
Approved: June 19, 1964