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PD 1616 Section 11

PD 1616 Section 11

Real property tax discount.

Section 11

SEC. 11. Real property tax discount.—The Administration, in consultation with the Minister of Finance, may extend discounts on real property assessments situated within Intramuros, so as to encourage the private sector to engage in the construction of duly approved facilities: Provided, That such incentives shall apply only to new construction and to improvements of existing building that conform to the Administration's architectural specifications.

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Other provisions in PD 1616

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 1616 Section 11 (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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