AN ACT INCREASING THE REGISTRATION FEES ON LARGE CATTLE BY AMENDING SECTION 20 (c) OF THE LOCAL TAX CODE, AS AMENDED, AND FOR OTHER PURPOSES. chan robles virtual law library
chan robles virtual law library

"(c)  Registration fees on large cattle:  chanrobles virtual law library

(1)  Original certificate of ownershipP 5.00 chanrobles virtual law library

(2)  Transfer certificate of ownershipP10.00 chanrobles virtual law library

Sec. 2.  The President of the Philippines upon the recommendation of the Prime Minister, after public hearing, whenever the cost for registering large cattle so demands, may increase the rates of registration fees by not more than fifty percent or decrease the same by not more than ten percent.  chanrobles virtual law library

Sec. 3.  The Minister of Finance shall, with the approval of the Prime Minister, issue such rules and regulations for the effective implementation of this Act, which shall take effect fifteen days following its publication in a newspaper of general circulation in the Philippines.  chanrobles virtual law library

Sec. 4.  The provisions of Section 6, of Presidential Decree Numbered Nine hundred fourteen and other laws, acts, decrees, executive orders, proclamations, regulations or parts thereof which are inconsistent herewith are hereby repealed or modified accordingly.