Section 1
SECTION 1. The provincial board of the Province of Leyte is hereby authorized to revise and correct any and all erroneous assessments and valuations on the assessment lists of the municipalities of said province, and to make a correct assessment and state the true valuation, in money of the United States, in each case where protests against the present assessment or valuation have been filed or shall be filed with the provincial board before the reassessment and revaluation herein provided for shall have been completed and where it is made clear that the assessment or valuation now stated upon the assessment lists is erroneous and unjust. The assessment lists, when so corrected, shall be as lawful and valid for all purposes as though the assessments herein provided hall been made by the board of tax revision at the proper time.