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Commonwealth Act No. 524 (CA 524) — An Act Amending Section One of Commonwealth Act Numbered Four Hundred and Sixty-Four, Entitled "An Act to Remit, Under Certain Conditions, Unpaid Taxes and Penalties of Forfeited Real Property," to Provide a New Time Limit for the Payment of the Taxes Nineteen Hundred and Thirty-Eight and Nineteen Hundred and Thirty-Nine.

Commonwealth Act No. 524 (CA 524) — An Act Amending Section One of Commonwealth Act Numbered Four Hundred and Sixty-Four, Entitled "An Act to Remit, Under Certain Conditions, Unpaid Taxes and Penalties of Forfeited Real Property," to Provide a New Time Limit for the Payment of the Taxes Nineteen Hundred and Thirty-Eight and Nineteen Hundred and Thirty-Nine.

Commonwealth Act No. 524 · Commonwealth Act · Approved May 10, 1940 · 2 sections

Data as of July 4, 2026 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Section 1

SECTION 1. Section one of Commonwealth Act Numbered Four hundred and sixty-four is amended to read as follows: "SECTION 1. All the unpaid real property taxes due on any real property forfeited to the provincial or city government on or prior to January first, nineteen hundred and thirty-nine, or delinquent in the payment of taxes for more than one year prior to January first, nineteen hundred and thirty-nine, and all penalties that have become due thereon and remaining unpaid are remitted, on condition that fifty per centum of the tax corresponding to the year nineteen hundred and thirty-eight, and the thirty-nine is fully paid on or before April thirtieth, nineteen hundred and forty."

Section 2

SEC. 2. This Act shall take effect upon its approval. Approved, May 10, 1940.

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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