Governor-General shall fix, by executive order, a special term of three months in each year for the collection of the real-property tax in the respective provinces. Such order shall be issued o n or before the thirty-first day of December of the year preceding that in which it is to have effect and at least three months prior to the beginning of the term therein fixed. Where no such order is issued for any year the collection period shall remain as previously fixed. [82-74; 374-1 ( b ); 1482-2 ( h ); 1791-15.] S ECTION  454 . Power of Provincial Board to Extend Term for Collection of Tax . — The provincial board shall have power to extend the special term for the collection of the real-property tax in any province for a period not exceeding three months; but a resol ution so disposing shall not take effect until approved by the Governor-General. aEAcHI [83-13 ( nn ); 1979-1.] S ECTION  455 . Power of Governor-General to Postpone . — The Governor-General may in his discretion postpone the special term for the collection of the real-property tax in any province to any period falling within the same calendar year. acCETD [1713-1.] S ECTION  456 . Posting Notice of Time for Collection of Tax . — Notice of the dates during which the real-property tax may be paid in each municipality shall be posted by the provincial treasurer at the main entrance of the provincial building and of all muni cipal buildings and in a public and conspicuous place in each barrio. [82-74; 374-1 ( b ); 1482-2 ( h ); 1791-15.] S ECTION  457 . Penalty for Delinquency . — Failure to pay the real-property tax before the expiration of the period for the collection of the same shall subject the taxpayer to a penalty of twenty per centum of the amount of the original tax due, if paid with in the first six months of delinquency, and a penalty of forty per centum of the original tax due if paid thereafter, to be collected at the same time and in the same manner as the original tax. ADEaHT [82-74; 374-1 ( b ); 1482-2 ( h ); 1791-15.] S ECTION  458 . Notice of Delinquency . — Upon the real-property tax Copyright 2012 CD Technologies Asia, Inc. and Accesslaw, Inc. Philippine Law Encyclopedia 2011 144