SECTION 1. Section 1 of Presidential Decree No. 1955, is
hereby amended by adding a new paragraph thereto, as follows:
"(f) Rural banks whose net assets are less than thirty Million Pesos
(P30,000,000.00) Provided, That the tax privileges shall be extended
only for a period of five years from the date of the effectivity of this Decree,
subject to further extension as may be recommended by the Minister of
Finance."
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 2026 Section 1 (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).
