AMENDING THE PROVISIONS OF THE SPECIAL CALAMITY FUND ACT OF NINETEEN SEVENTY-TWO, APPROPRIATING THREE HUNDRED MILLION PESOS (P300-M) FOR EXPENDITURES OCCASIONED BY TYPHOONS, RAI…

WHEREAS, the present provisions of the Special Calamity Fund
Act of 1972 specifically provide, under Section 1 thereof, that “no
funds herein appropriated shall be expended beyond March 31, 19 73; any
unexpended balance alter March 31, 1973, whether obligated or not, shall
automatically revert to the General Fund, except those for ongoing
projects started before March 31, 1,973, disbursements for which may be
authorized until but not beyond June 30, 1973”;

WHEREAS, there are outstanding obligations for materials
used and services rendered in ongoing calamity projects started before
March 31, 1973, which had not been paid on or before June 30, 1973;

WHEREAS, most of these unpaid materials had been purchased
through the linkage agreement with the Development Bank of the
Philippines; and

WHEREAS, these obligations cannot be settled unless the
present provisions of the Special Calamity Fund Act is amended to
authorize disbursements for these obligations beyond June 30, 1973;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers in me vested by the Constitution as
Commander-in-Chief of all the Armed Forces of the Philippines, and
pursuant to Proclamation No. 1081, dated September 21, 1972, and General
Order No. 1, dated September 22, 1972, as amended, do hereby promulgate
this Decree as part of the law of the land:

SECTION 1. The provisions of Section 1 of the Special
Calamity Fund Act of 1972 is hereby amended to authorize payment of
obligations for materials used and services rendered in calamity
projects from the unexpended balances of the Calamity Fund appropriated
and released according to said Act beyond June 30, 1973.

SEC. 2. This Decree shall take effect immediately.

Done in the City of Manila, this 23rd day of October, in the year
of Our Lord, nineteen hundred and seventy-three.