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 twenty-one hundred and eleven and a half, is hereby inserted after section twenty-one hundred and eleven of Act Numbered Twenty-seven hundred and eleven, known as the Administrative Code, to read as follows:

"SEC. 2111 1/2. School fund.—There shall be maintained in the provincial treasury a special fund to be known as the provincial school fund, to which shall be credited all amounts that the provincial board may from time to time, by resolution, transfer thereto from the provincial general fund; all income or profits from operation of provincial schools; and all tuition fees which may be collected under the provisions of section twenty-one hundred and twenty-four of this Act. Said fund shall be available exclusively for the maintenance of provincial schools, and disbursements therefrom shall be made by the provincial treasurer upon properly executed vouchers, pursuant to the school budget approved by the provincial board and the division superintendent of schools."

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

Approved, November 20, 1930.