The Municipal code and the Provincial government act, being Act no. 82, entitled "A general act for the organization of municipal governments in the Philippine islands", and Act no. 83, entitled "A general act for the organization of provincial governments in the Philippine islands" as amended by the acts of the Philippine commission down to and including May 31, 1905, revised and codified by the Committee on revision and codification appointed by the governor-general. Published by authority of the Philippine commission.

THE MUNICIPAL CODE.

43

SEC. 62. There shall be exempted from taxation burying Tax e x em pgrounds, churches and their adjacent parsonages or conventos, and tio
lands and buildings used exclusively for religious, charitable,
scientific, or educational purposes, and not for private profit; but -exceptions.
such exemption shall not extend to lands or buildings held for
investment, though the income therefrom be devoted-to religious,
charitable, scientific, or educational purposes.
[See note to section 43 (a).]
SEC. 63. The board of assessors shall meet, after ten days' notice Board meetings.
posted at the main entrance of the municipal building and in a
public and conspicuous place in each barrio, for three days in
the month of December in each year, to add to the list of real Additions.
property of the municipality the value of the improvements placed
upon such property during the year preceding and to reduce the Reductions on
assessment against any taxpayer whose improvements, already accounof loss
assessed, have been destroyed during the preceding year, or whose
land already assessed shall have suffered a permanent loss of
value by reason of flood, storm, or other casualty during the
preceding year, and for the addition to the list of any property
which is taxable and which has theretofore escaped taxation; and Cancellations.
in case more than one declaration and assessment has been made
of the same property to cancel from the list all entries but the
one properly made in the name of the owner, and to change on the Name of owner.
list, if erroneous, the name in which the property was declared
to the name of the owner, and to erase from the list all property
that is exempt by law from taxation.
SEC. 64. The assessment first made after the organization of the Duration of astown, as amended from time to time, shall continue in force sessment
for the period of five years, unless an earlier provision is made
by law for another general assessment.
SEC. 65. (a) All licenses and privilege taxes shall be paid before Prepayment, lithe licensee or taxpayer shall begin the business or enjoyment censes etc
of the privilege for which the license or tax is imposed by the
ordinance of the council.
(b) All licenses and privilege taxes shall terminate on the Termination of
thirty-first of May of each year, and anyone beginning a business licenses, etc.
or exercising a privilege upon which a tax is levied by the
council after the thirty-first of May shall be required, before
beginning such business or exercising such privilege, to pay the
license or tax for the part of the year which remains, to and
including the thirty-first of May following. But all licenses Advance payand privilege taxes may be paid in advance in four quarterly
installments, at the election of the licensee.
(c) An addition to the tax or license, in the nature of a penalty Penalty.
amounting to twenty per centum of the original tax or license, to
be collected and accounted for by the provincial treasurer in the
same manner as the original tax or license, shall be imposed for
a failure to pay the tax or license when due.
SEC. 66. It shall be the duty of the provincial treasurer to Record.
keep a record, open to public inspection, of the names of all