By authority of the United States, be it enacted by the Philippine Legislature, that:

SECTION 1. Section one of Act Numbered Seventeen hundred and twenty-eight is hereby amended to read as follows:

"SECTION 1. There is hereby created an appropriation which shall be termed the insurance fund, the purpose of which shall be to provide, so far as possible, the means of replacing or repairing Government vessels and craft, Government machinery, permanent public buildings, Government property therein, and Government property in rented buildings, which shall have been damaged or destroyed by earthquake, fire, lightning, flood, typhoon, tornado, hurricane, or cyclone. There shall be deposited to the credit of this appropriation from general funds of the Insular Treasury not otherwise appropriated the sum of two hundred and fifty thousand pesos, as of date of the passage of this Act; and the interest thereon and on any additions to such fund by virtue of this Act and other earnings and receipts of the insurance fund shall be placed to its credit as they may be received. When, in the discretion of the Governor-General, he shall certify that the public interest so demands, there shall be paid from this appropriation by the Insular Treasurer such sums as may be determined by the Insular Auditor to be due any branch of the Government entitled to the benefits of this Act on account of loss or damage caused to Government vessels or craft, to Government machinery, to any permanent public building or Government property therein, or to Government property in any rented building, by earthquake, fire, lightning, flood, typhoon, tornado, hurricane, or cyclone, and also other expenses necessarily incurred in carrying out the purposes of this Act: Provided, That funds paid on account of losses may be used for no other purpose than to restore by construction, repair, purchase, or otherwise, the property damaged or destroyed, and it shall be the duty of the Insular Auditor to enforce this provision: And provided further, That no payment shall be made from these funds to increase the compensation of any Government official or employee."

SEC. 2. The public good requiring the speedy enactment of this law, the same shall take effect on its passage in accordance with the provisions of section one of Act Numbered Nineteen hundred and forty-five of the Philippine Legislature.

Enacted, February 5, 1912.