PD 853 Section 3

Section 3

SEC. 3. Assessment level.—the assessment level for all timber and forest lands shall be 40% of their market value as determined by the Provincial/City Assessor in accordance with such methods, procedures or regulations that the Secretary of Finance may prescribe for the purpose.

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Other provisions in PD 853

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 853 Section 3 (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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