PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
ACTS
ACT NO. 551 - AN ACT TO AMEND
SECTION SIXTY-THREE OF ACT NUMBERED EIGHTY TWO, THE MUNICIPAL CODE, SO
AS TO ENABLE THE BOARD OF ASSESSORS TO REDUCE THE ASSESSMENT ON ANY
LAND WHICH HAS SUFFERED A PERMANENT LOSS IN ITS VALUE BY FLOOD, STORM,
OR OTHER CASUALTY
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Section 1. Section
sixty-three of Act Numbered Eighty-two, the Municipal Code, is hereby
amended by inserting after the words "during the preceding year" in the
next to the last line thereof and before the words "and for the
addition to the list" in the same line, the following: "or whose land
already assessed shall have suffered a permanent loss of value by
reason of flood, storm, or other casualty during the preceding
year." � Sec. 2. 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. 3. This Act shall take effect on its passage. � |
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Since 19.07.98.