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PD 231 Section 57

Interest on other unpaid revenues.

Section 57

SEC. 57. Interest on other unpaid revenues. — Where the amount of any other revenue due the local government, except voluntary contributions or donations, is not paid on the dale fixed in the ordinance in the contract, expressed or implied, or upon the happening of the event which gave rise to its collection, there shall be collected as part of that amount, an interest thereon at the rate of one-half percent a month from the due date until it is paid.

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Other provisions in CHAPTER III.

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 2026-07-04

CitationPD 231 Section 57 (LawPlayer, data as of 2026-07-04)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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