Republic Act No. 566 (RA 566) — An Act to Provide That Bonds, Certificates and Other Evidences of Indebtedness Issued by the President of the Philippines Under the Provisions of Republic Act Numbered Two Hundred Sixty-Six, Shall Be Exempt from Taxation or Assessment.
Republic Act No. 566 (RA 566) — An Act to Provide That Bonds, Certificates and Other Evidences of Indebtedness Issued by the President of the Philippines Under the Provisions of Republic Act Numbered Two Hundred Sixty-Six, Shall Be Exempt from Taxation or Assessment.
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. All bonds, certificates and other evidences of indebtedness to be issued by the President of the Philippines under the provisions of Republic Act Numbered Two hundred sixty-six, entitled "An Act appropriating such sums as may from time to time be released by the Central Bank representing excess monetary reserves, and authorizing the President of the Philippines to issue bonds, certificates or other evidences of indebtedness covering such amounts," for the purpose of economic rehabilitation and development, and the interests payable thereon, shall be exempt from taxation or assessment, whether national, provincial or municipal.