An Act to Extend the Effectivity of Republic Act Numbered Five Hundred and Sixty-Seven, by Further Amending Section Seven Thereof, Entitled "An Act to Amend Title Six of Commonwealth Act Numbered Four Hundred and Sixty-Six, Otherwise Known as the National Internal Revenue Code, as Amended"
Year:
1954
Category:
Other
Date Approved:
June 15, 1954
Summary
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This Act extends the effectivity of Republic Act Numbered Five Hundred and Sixty-Seven by further amending its provisions regarding the duration of increased taxes. It ensures that these tax provisions remain in force until explicitly extended by Congress.Full Text
REPUBLIC ACT No. 1092
An Act to Extend the Effectivity of Republic Act Numbered Five Hundred and Sixty-Seven, by Further Amending Section Seven Thereof, Entitled "An Act to Amend Title Six of Commonwealth Act Numbered Four Hundred and Sixty-Six, Otherwise Known as the National Internal Revenue Code, as Amended"
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1. Section seven of Republic Act Numbered Five hundred and sixty-seven, as amended by Republic Act Numbered Seven hundred and twenty-five, and Republic Act numbered Eight hundred and seventy, is further amended to read as follows:
Section 2. This Act shall take effect upon its approval.
Approved: June 15, 1954.
"Sec. 7. This Act shall take effect upon its approval, but unless otherwise expressly extended by Congress, the increased taxes provided for in this Act shall continue in force and effect until December thirty-one, nineteen hundred and fifty-five."
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Republic Acts are laws passed by the Congress of the Philippines. This content is sourced from LawPhil (lawphil.net) for reference purposes. For official and authoritative texts, please refer to the Official Gazette.