[82-43 ( a ) ; 83-13 ( i ) ; 303-1 ( h ) ; 772-2.] S ECTION  434 . Special Application of Portions of Proceeds of Tax . — The gross proceeds of the first one-eighth of one per centum levied or imposed for provincial purposes shall accrue, in a regularly organized province, exclusively to its road and bridge fu nd, and in a specially organized province, exclusively to its road and public works fund. The gross proceeds of the remaining two-eighths, or any part thereof, levied for provincial purposes shall accrue to the general fund of the province. IEHDAT The gross proceeds of the first one-fourth of one per centum levied or imposed for municipal purposes shall accrue exclusively to the school fund of the municipality. The gross proceeds of the remaining one-fourth, or any part thereof, levied for municipal  purposes shall accrue to the general fund of the municipality. [82-43 ( b ) ; 83-13 ( i ) ; 303-1 ( i ) ; 772-2.] S ECTION  435 . Amount of Levy where Provincial or Municipal Authorities Fail to Act . — If for any year a provincial board should fail to make the levy of at least one-eighth of one per centum or a municipal council should fail to make a levy of at least one-f ourth of one per centum, such respective minimum rates shall nevertheless become effective and the tax shall be collected and applied as if levied in usual course, unless the tax for such year be remitted by proper authority. ADCEcI [82-43 ( a ) ; 83-13 ( i ); 303-1 ( h ); 772-2.] S ECTION  436 . Change of Levy by Provincial or Municipal Authorities . — At any time before the beginning of the tax year a provincial board may, for good cause, change the provincial rate within the limits prescribed for the provincial levy; and a municipal  council may likewise change the municipal rate within the limits prescribed for the municipal levy, but any municipal ordinance so disposing shall be approved by resolution of the provincial board. DCcSHE [82-43 ( a ); 83-13 ( i ); 303-1 ( h ); 772-2.] S ECTION  437 . Authority Vested in Provincial Assessor . — In the performance of the duties devolving upon the provincial assessor, he shall be authorized from time to time as occasion may require, and subject to the provisions Copyright 2012 CD Technologies Asia, Inc. and Accesslaw, Inc. Philippine Law Encyclopedia 2011 138 ARTICLE  II Powers of Assessor