Question & AnswerQ&A (EXECUTIVE ORDER NO. 368)
The purpose of Executive Order No. 368, series of 1989, is to amend Executive Order No. 329, series of 1988, by including the Assessor of the Municipality where the property subject of evaluation is located as a member of the Municipal Appraisal Committee in Metropolitan Manila.
Including the Assessor of the Municipality ensures that the committee has direct input from the official responsible for property assessment in the locality where the property being evaluated is located, improving the accuracy and fairness of property appraisals.
The amendments specifically affect the Metropolitan Manila area.
Executive Order No. 368 amended Executive Order No. 329, series of 1988, which created Appraisal Committees in the Metropolitan Manila area.
The appraisal committees are tasked with evaluating and appraising properties within the Metropolitan Manila area, ensuring proper valuation for taxation and other governmental purposes.
Executive Order No. 368 took effect immediately upon issuance on August 24, 1989.
Catalino Macaraig, Jr. signed Executive Order No. 368 as the Executive Secretary.
The Executive Order expanded the membership of the Municipal Appraisal Committee to include the Assessor of the Municipality where the property subject of evaluation is located.
Understanding such Executive Orders is important because they show how administrative procedures and local government functions are regulated and amended, affecting property valuation and taxation processes under Philippine law.