Republic Act
Approved June 22, 1957

Republic Act No. 1931

An act exempting cinematographic films to be used in television broadcasts from the payment of all kinds of taxes

An Act Exempting Cinematographic Films to be Used in Television Broadcasts from the Payment of All Kinds of Taxes

In plain language

Exempts cinematographic films used in television broadcasts from all kinds of taxes and customs duty; if such films are used for other purposes, the applicable taxes become due in accordance with the Secretary of Finance’s regulations.

  • Exemption of taxes for films used in TV broadcasts
  • Tax liability applies if films are used for other purposes
  • Effectivity upon approval
Tax Law
Broadcasting
Film
Exemption

REPUBLIC ACT No. 1931

An Act Converting the New Washington High School in the Municipality of New Washington, Province of Aklan, into a National School of Fisheries to be Known as the Aklan National School of Fisheries and Appropriating the Necessary Funds Therefor

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

The New Washington High School in the Municipality of New Washington, Province of Aklan, is hereby converted into a national school of fisheries to be known as the Aklan National School of Fisheries. The Secretary of Education is hereby empowered to reorganize said school accordingly.

Section 2

The sum of three hundred thousand pesos is hereby appropriated, out of any funds in the National Treasury not otherwise appropriated, for the operation and maintenance of the Aklan National School of Fisheries for the fiscal year nineteen hundred fifty-eight. Such sums as may be necessary for its operation and maintenance in subsequent years shall be included in the annual General Appropriation Act.

Section 3

This Act shall take effect upon its approval.

Approved: June 22, 1957.

For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.