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ACT NO. 1578
ACT NO. 1578 - AN ACT AUTHORIZING
THE REFUND OF MONEYS RECEIVED AT LAND TAX SALES AND INTEREST THEREON
UPON CONVEYANCE OF SUCH LAND TO PROVINCIAL TREASURER AS TRUSTEE BY
PURCHASER EXTENDING THE TIME FOR THE REDEMPTION OF REALTY BY THE
DELINQUENT TAXPAYER AND THE RE-CONVEYANCE TO HIM OF SUCH REAL ESTATE BY
PURCHASER, PROVIDING FOR THE CONFISCATION OF SUCH REAL ESTATE IN CASE
IT IS NOT REDEEMED, AND FOR OTHER PURPOSES
Section 1. The provincial treasurers of all provinces
organized under the Provincial Government Act, Numbered Eighty-three,
are hereby authorized, with the approval of the Governor-General first
had, to refund to holders of all deeds or certificates of purchase of
real property sold at public auction for delinquent taxes due thereon,
the amount paid by such purchaser at the said tax sale and the amount
of any taxes, penalties, costs, or interest legally paid by him on said
real property subsequent to the sale, together with interest thereon at
the rate of fifteen per centum per annum from the date of actual
payment of any or either of such sums, to the date of the refund hereby
authorized.
The holder of any such deed or certificate of purchase, before
receiving the refund hereby authorized, shall convey by proper
conveyance, sufficient under the law, to the provincial treasurer as
trustee, all his title and interest in and to the land described in
such tax dated or certificate of purchase; and the provincial treasurer
shall cause the said deed to be recorded in the office of the register
of deeds of the province where the land is situated. No fees for the
registration of such deeds shall be charged or collected by such
register of deeds.
Sec. 2. As soon as practicable after the
conveyance of any such interest from the holder of any tax deed or
certificate of purchase as provided in section one of this Act the
provincial treasurer shall notify the former owner of the real estate
so redeemed, or his legal representative, by a notice deposited in the
mail and addressed to the municipality and barrio in which the said
real property is situated, setting forth the status of said property
and that he will be allowed to redeem the same within six months from
the date of the mailing of said notice by paying to the said provincial
treasurer the amount paid to such purchaser, together with interest
thereon at the rate of fifteen per centum per annum from the date of
such conveyance from said purchaser to the date of redemption by such
former owner or his legal representative: PROVIDED, That in the event
that any taxes, penalties, costs, or interest have become due since the
sale of the said real property and have not been paid by the purchaser
and included in the refund made to him by the provincial treasurer,
then, the owner in addition to the payment of the amount refunded
the purchaser with interest as provided above shall also be required to
pay the tax, penalties, costs, and interest which may have become due
subsequent to the sale of the said real property.
Upon the redemption by the former owner or his legal representative of
said real estate in the manner above provided the provincial treasurer,
as such trustee, shall convey by proper conveyance, sufficient under
the law, the said real estate to the said former owner or his legal
representative.
Sec. 3. All real property conveyed in accordance
with the provisions of section one of this Act, which shall not be
redeemed by the original owner or his legal representative within six
months from the date of the mailing of the notice by the provincial
treasurer as prescribed in section two hereof, shall be considered as
confiscated as provided in section eighty-one of the Municipal Code,
and the provincial treasurer as such trustee shall forthwith convey by
proper conveyance, sufficient under the law, the said real estate to
the municipality in which the same is situated.
Sec. 4. All conveyance of real estate as provided
in this Act shall be acknowledged by the clerk of the Court of First
Instance of the province in which such land is situate, free of charge,
and it shall not be necessary to affix to such deeds the stamps
required by section one hundred and sixteen of the Internal Revenue Law
of nineteen hundred and four.
Sec. 5. In making the refund authorized by section
one of this Act, the provincial treasurer shall charge against the
municipality in which the real property is situated such part of the
refund as will equal the amount received by it on the original
distribution of the proceed of the sale.
Sec. 6. Section s one, two, three, and four of this
Act shall apply to the city of Manila: PROVIDED, That the duties
therein prescribed for provincial treasurers shall be performed by the
City Assessor and Collector of the city of Manila under the direction
of the Municipal Board, except that refunds shall be made by the
disbursing officer of the city of Manila, subject to the approval of
the Municipal Board and of the Governor-General. Refunds in the city of
Manila shall be made out of any funds in the Insular Treasury to the
credit of the city of Manila, and an indefinite appropriation is hereby
created for the amount of such refunds, which shall be charged wholly
to the city of Manila.
Sec. 7. The public good requiring the speedy
enactment of this bill, the passage of the same is hereby expedited in
accordance with section two of "An Act prescribing the order of
procedure by the Commission in the enactment of laws," passed September
twenty-sixth, nineteen hundred.
Sec. 8. This Act shall take effect on its passage.
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