Republic Act No. 568

: The purpose of Republic Act No. 568 is to raise revenue by increasing the charge for the certificate of transfer of large cattle from two pesos to five pesos, by amending Section 528 of the Revised Administrative Code.
: Republic Act No. 568 amends Section 528 of the Revised Administrative Code.
: The new charge for the certificate of transfer of large cattle is five pesos.
: The buyer is responsible for paying the charge for the certificate of transfer of large cattle.
: Each certificate of transfer shall bear printed on its face a form of stamp of the value of five pesos, which shall be duly cancelled with the seal of the city, municipality, or municipal district concerned.
: In cities and organized municipalities, the money received from the charge shall be paid into the city or municipal treasury, and in municipal districts, into the provincial treasury for the benefit of the municipal district concerned.
: Republic Act No. 568 took effect upon its approval on August 31, 1950.
: No, unless expressly extended by Congress, the increased charge of five pesos is only effective until December 31, 1952, after which the original rates will again apply.
: After December 31, 1952, the rates will revert to the actual rates of charge before the increase, unless Congress expressly extends the increase.
: No, Republic Act No. 568 does not specify any penalties for non-compliance with the certificate of transfer charge.