Batas Pambansa Bilang 594


PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES


PHILIPPINE LAWS, STATUTES AND CODES

MGA BATAS PAMBANSA





BATAS PAMBANSA BILANG. 594

BATAS PAMBANSA BLG. 594 - AN ACT LIMITING THE COLLECTION OF CONTRIBUTIONS TO THE ASSURANCE FUND ONLY UPON THE ENTRY OF A CERTIFICATE OF TITLE IN THE NAME OF THE REGISTERED OWNER AND UPON THE ORIGINAL REGISTRATION ON THE CERTIFICATE OF TITLE OF A BUILDING OR OTHER PERMANENT IMPROVEMENTS ON A REGISTERED LAND, AMENDING FOR THE PURPOSE CERTAIN SECTIONS OF THE PROPERTY REGISTRATION DECREE

Section 1. Sections ninety-three and ninety-five of Presidential Decree Number Fifteen hundred and twenty-nine, otherwise known as the Property Registration Decree, are hereby amended to read as follows:

"Sec. 93. Contribution to Assurance Fund.

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