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Act No. 1446 Section 10

Section 10

SEC. 10. The grantee shall keep a record of all the fares collected and tickets sold and receipts from the sale of electric light, heat, and power, and from the transportation of freight, baggage, and. express, which shall be subject to the inspection of the Auditor for the Philippine Islands, who shall audit and approve the accounts of the grantee at the end of each month before the payment of the said percentage tax The accounts, when audited and approved as herein provided, shall be final and conclusive evidence of the liability of the grantee under the provisions of section nine of this Act, in the absence of fraud or mistake.

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Other provisions in Act No. 1446

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

CitationAct No. 1446 Section 10 (LawPlayer, data as of July 4, 2026)

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

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