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Act No. 2197 Section 2

Section 2

SEC. 2. Assessments now in force, when such assessments include the value of machinery, shall be reduced in the manner and under the conditions hereinafter stated, and not otherwise.

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Other provisions in Act No. 2197

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. 2197 Section 2 (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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