Continuing Existing Classification of La Union
- The law maintains the existing classification of La Union as a 1st class-A province.
- This classification, effective since July 1, 1950, was last set on June 20, 1950.
Basis for Classification
- The classification decisions were based on data certified by the General Auditing Office regarding the annual incomes of the provinces.
- The average annual income for La Union was P628,947.32 during the fiscal years 1949, 1950, and 1951.
Legal Authority and Effectivity
- The order was issued by the President of the Philippines under Executive Order No. 554 on December 23, 1952.
- The classifications specified took effect on the indicated dates for each province.
Purpose of Classification
- The classification serves the public interest by appropriately categorizing provinces based on fiscal capacity.
- This classification impacts administrative and fiscal management within the provinces.