Be it enacted by the Senate and House of Representatives of the Philippines in Legislature assembled and by the authority of the same:

SECTION 1. Section one of Act Numbered Twenty-five hundred and forty-nine, as amended by Act Numbered Thirty hundred and eighty-five, is hereby further amended to read as follows:

"SECTION 1. It shall be unlawful for any person, firm or corporation engaged in any business or enterprise in the Philippine Islands in any manner to force, compel, or oblige any laborer or employee employed by him to purchase directly or indirectly merchandise, commodities or personal property of any kind or nature from such person, firm or corporation, or to pay or cause to be paid the wages due to a laborer or employee before and after pay day or part of said wages by means of tokens, tickets, chits or objects other than the legal tender currency of the Philippine Islands; or to negotiate directly or indirectly with the laborers or employees or with other persons, firms or corporations by means of chits, tickets or other objects which may represent sums of money paid in advance to the former for wages that are not yet due at the time of the issuance of such chits or tickets: Provided, That any contract between employer and laborer by virtue of which the latter binds himself to accept payment or any part thereof in tokens, tickets or other objects and any other contract between them, the direct or indirect purpose of which shall be to defeat the purposes of this Act, shall be null and void: Provided, further, That the employer shall pay the salary of his laborers or employees on the fifteenth or last day of every month, or on Saturday of every week with only two days extension, and the nonpayment of the salary within said period shall constitute a violation of this Act, unless satisfactorily proven that it was impossible to make such payment."

SEC. 2. This Act shall take effect on its approval.

Approved, December 2, 1932.