Practice question
An ordinance is stipulated to restrain lawful trade in violation of 130(b)(4). Officials say its collections will be accounted for honestly, so the trade defect is necessarily cured. Which is best?
- Proper accounting does not itself remove the separate restraint-of-trade prohibition.
- Honest accounting automatically validates every prohibited levy.
- The trade restriction applies only where records are missing.
- A public officer may waive the Code by issuing receipts.
- Every well-recorded tax is necessarily equitable.
Legal references
- RA7160, Local Government Code, Sections130,151 and153-155: https://lawphil.net/statutes/repacts/ra1991/ra_7160_1991.html
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