Republic Act No.4858

Authorizing the Secretary of Finance with the approval of the president of the Philippines,to advance to the National Waterworks and Sewerage Authority sums not exceeding thirty million pesos to be reimbursed out of the proceeds from the sales of bonds to finance the pesos counterpart requirement of the loan of twenty million two hundred thousand dollars from the International Bank for the reconstruction and development, for the improvement of the Manila and suburbs water system ,and for other purposes..See more