SEC. 2. Section 36 is hereby amended by adding a new paragraph to read as follows:
"The above properties including those acquired by the Authority by purchase, transfer or assignment shall be exempt from the payment of all taxes of whatever kind and nature imposed by the Republic of the Philippines, its agencies, instrumentalities or political subdivisions."
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
CitationPD 1175 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).