Section 22
SEC. 22. Section ninety-eight of the same Act is hereby amended to read as follows: "SEC. 98. Tax Exemptions. — The Land Bank shall be exempt from all national, provincial, municipal and city taxes and assessments now enforced or hereinafter established. "The exemption authorized in the preceding paragraph of this Section shall apply to all property of the Bank, to the resources, receipts, expenditures, profits and income of the Bank, as well as to all contracts, deeds, documents and transactions related to the conduct of the business of the Bank: Provided, That said exemptions shall apply only to such taxes and assessments payable by persons or other entities doing business with the Bank."