PD 463 Section 88

Delay in the Payment of Tax or Rental or Royalty.

Section 88

SEC. 88. Delay in the Payment of Tax or Rental or Royalty. - Where the amount of tax, rental or royalty provided for by this Decree or by the terms and conditions of the lease contract or permit or license granted under this Decree is not paid on due date, there shall be collected as part of the amount due, a surcharge of three per centum (3%) thereof per month from due date until paid, such surcharges to accrue to the Mines Special Fund.

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Other provisions in CHAPTER XIV

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 463 Section 88 (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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