Power of provincial board to extend term for payment of tax without penalty.
Section 26
SEC. 26. Power of provincial board to extend term for payment of tax without penalty. — The provincial board shall have power, for just cause, to extend the term or terms for the payment without penalty of the real property tax in the province or in any municipality or municipal district thereof, for a period not exceeding three months during the same calendar year; but a resolution so disposing shall not take effect until approved by the President of the Philippines.