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PD 464 Section 15

Preparation of Schedule of Values.

Section 15

SEC. 15. Preparation of Schedule of Values.—Before any general revision of property assessments is made, as provided in this Code, there shall be prepared for the province or city a Schedule of Market Values for the different classes of real property therein situated in such form and detail as shall be prescribed by the Secretary of Finance. Said schedule, together with an abstract of the data on which it is based, shall be submitted to the Secretary of Finance for review not later than the thirty-first day of December immediately preceding the calendar year the general revision of assessments shall be undertaken. The Secretary of Finance shall have ninety days from the date or receipt within which to review said schedule to determine whether it conforms with the provisions of this Code.

Read the full instrument → · Open the chapter this section belongs to: Chapter II.—Appraisal and Assessment of Real Property →

Other provisions in Chapter II.—Appraisal and Assessment of Real Property

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 464 Section 15 (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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