§ 553. Installments. The amount to be apportioned to a qualifying
school in any current year shall be paid in two equal installments, the
first to be made on or before January fifteenth and the other not later
than June fifteenth of such year, except that for the school year
commencing July first, nineteen hundred seventy-one such apportionment
shall be made in one payment on or before June fifteenth, nineteen
hundred seventy-two. The commissioner may provide for later payments
for the purpose of adjusting and correcting apportionments. The amount
to be apportioned to a qualifying school shall be payable on order and
warrant of the comptroller on vouchers certified or approved by the
commissioner in the manner provided by law.