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
ACT NO. 89
AN ACT TO AMEND SECTION FOUR OF
COMMONWEALTH ACT NUMBERED FIVE HUNDRED AND SIXTY-FIVE BY WITHDRAWING
THE EXEMPTION GRANTED IN FAVOR OF CO-OPERATIVE ASSOCIATIONS REFERRED TO
THEREIN FROM THE PAYMENT OF TAXES
Section 1. Section four
of Commonwealth Act Numbered Five hundred and sixty-five is hereby
amended to read as follows: "Sec.
4. The provisions of the Corporation Law and of
existing laws regulating agricultural or other co-operative
associations, as are not inconsistent with the provisions of this Act,
shall apply to the co-operative associations herein authorized."
Sec. 2. This
Act shall take effect upon its approval. Approved: October 30,
1946
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