Periodic Reclassification and Presidential Authority
- Starting in 1951 and every five years thereafter, the President of the Philippines is mandated to order a reclassification of provinces and municipalities.
- Reclassification must be based on graduated income amounts as stipulated in relevant laws, namely:
- Section 2170 of the Administrative Code, as amended
- Commonwealth Act No. 298
- Section 1 of Act No. 3798
- The President holds discretionary power to make partial classifications readjustments before or after the scheduled periods.
- Such partial readjustments must be grounded on the average annual revenues of the concerned province or municipality over any three consecutive preceding fiscal years.
- This ensures classifications reflect current financial status and public interest considerations.
Repeal of Inconsistent Laws
- Any law or parts of laws conflicting with this Act are explicitly repealed.
- This provision ensures the supremacy and exclusive effectivity of the Act on the matter of classifications.
Effectivity of the Act
- The Act took effect immediately upon approval on June 14, 1947.
- This means its provisions were enforceable starting from that date without delay.