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Batas Pambansa Bilang 226
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
BATAS
PAMBANSA BILANG 226AN
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 librarySection
1. Subparagraph (c), Section
20, Article 2, Chapter II of Presidential Decree Numbered Two hundred
thirty-one,
otherwise known as the Local Tax Code, is hereby amended to read as
follows:chanroblesvirtuallawlibrarychanrobles virtual law library
"(c) Registration
fees on large cattle: chanrobles virtual law library
(1) Original
certificate of ownershipP 5.00chanrobles virtual law library
(2) Transfer
certificate of ownershipP10.00chanrobles 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which are inconsistent herewith are hereby repealed or modified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.
Sec.
5. This Act shall take
effect upon its approval.chanrobles virtual law library
Approved:
April 16, 1982
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