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PRESIDENTIAL DECREE NO. 1168-A
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PRESIDENTIAL DECREE NO.
1168-A - EXTENDING UP TO AUGUST 15, 1977, THE DEADLINE FOR THE
FILING IN CALENDAR YEAR 1977 OF THE SWORN STATEMENTS OF THE TRUE VALUE
OF REAL PROPERTY
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chanroblesvirtualawlibrary
WHEREAS,
the period within which real property owners may file for calendar year
1977 the sworn statements declaring the true value of their property
required under Section 6 of Presidential Decree no. 464, as amended,
expired on June 30, 1977;chanroblesvirtualawlibrary
WHEREAS, reports from filed officers indicate that there are still a
considerable number of real property owners who failed to file the
required sworn statements for reasons beyond their control and other
valid causes;chanroblesvirtualawlibrary
WHEREAS, extension of the deadline of June 30, 1977 will be beneficial
to both the general public and the government;chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Republic of
the Philippines, by virtue of the powers in me vested by the
Constitution, do hereby decree and order, as part of the law of the
land, the following provisions:cralaw:red
Section 1. The period for the filing of sworn
statements required under Section 6 of Presidential Decree No. 464, as
amended, is hereby extended from June 30, 1977 to August 15,
1977; chanroblesvirtualawlibrary
Section 2. All persons, natural of judicial, owning
or administering real property within a city or municipality, or their
authorized representatives, who failed to file the sworn statements
declaring the true value of their real property within the period
prescribed under Section 6 of P. D. 464 shall be allowed to file their
sworn statements up to but not beyond August 15, 1977, without the
penalties imposed under Section 104 of said Decree;chanroblesvirtualawlibrary
Section 3. The Secretary of Finance shall issue the
rules and regulations necessary for the proper implementation of this
Decree;chanroblesvirtualawlibrary
Section 4. This Decree shall take effect
immediately. chanroblesvirtualawlibrary
DONE in the City of Manila,
this 1st day of July, in the year of Our Lord, nineteen hundred and
seventy-seven.
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