Republic Act No. 3457

: Republic Act No. 3457 amends Section One of Republic Act No. 1125, which created the Court of Tax Appeals, including provisions on the composition, qualifications, compensation, and tenure of its judges.
: The Court of Tax Appeals consists of a Presiding Judge and two Associate Judges.
: The judges are appointed by the President of the Philippines with the consent of the Commission on Appointments.
: The Presiding Judge is designated as such in the commission issued by the President.
: The Presiding Judge receives an annual compensation of eighteen thousand pesos.
: The Presiding Judge has the same qualifications, rank, category, and privileges as the Presiding Judge of the Court of Industrial Relations.
: Each Associate Judge receives an annual compensation of seventeen thousand pesos.
: Associate Judges have the same qualifications, rank, category, and privileges as members of the Court of Industrial Relations.
: Judges hold office during good behavior until they reach the age of seventy or become incapacitated, unless removed earlier for cause in the same manner as appellate judiciary members.
: This Act took effect on January 1, 1962.
: An initial sum of twelve thousand pesos was appropriated from the National Treasury for fiscal year 1961-1962, and thereafter, necessary amounts are included in the annual General Appropriation Acts.