ChanRobles Virtual law Library
PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Republic Acts :
REPUBLIC ACTS
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REPUBLIC ACT NO. 565 - AN
ACT TO AMEND SECTION TWO HUNDRED AND NINETY-SIX AND TWO HUNDRED AND
NINETY-SEVEN OF COMMONWEALTH ACT NUMBERED FOUR HUNDRED AND SIXTY-SIX,
OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE |
Section 1.
Section two hundred and ninety-six of Commonwealth Act Numbered Four
hundred and sixty-six is hereby amended to read as follows: "Sec. 296. Registration of radio receiving sets, notice of sale or change in ownership or location of each set. — Every person, firm, company, association, corporation, or any other entity having in his or in its possession or control a radio receiving set, shall register the same with the Collector of Internal Revenue within thirty days after coming into possession or control of such set, and it shall be the duty of the owner or possessor thereof to advise the Collector of Internal Revenue of any change in his or its address within thirty days after such change takes place. Whenever any radio receiving set is sold, or any change in ownership or possession takes place, the dealer, or former owner, or possessor thereof shall advise the Collector of Internal Revenue of such sale or transfer: Provided, that any person, firm, company, association, corporation or any other entity selling any radio receiving set shall collect from the purchaser thereof the registration fee for the first year and, within the said period, register the said set in the name of the purchaser and pay the corresponding registration fee, and it shall be the duty of the owner or possessor thereof to pay the corresponding fees for the subsequent year. "Dealers or persons selling receivers to the Government of the Philippines shall comply with the provisions of this section and with the regulations which may be issued by the Secretary of Finance." Sec. 2. Section two hundred and ninety-seven of
Commonwealth Act Numbered Four hundred and sixty-six, as amended by
section three of Republic Act Numbered Eighty-four, is hereby further
amended to read as follows: Sec. 3. Date of effectivity. — This Act shall take
effect upon its approval. Approved: August 11, 1950 |
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