5447 collected in the province or city on real property situated in their respective territorial jurisdictions shall be distributed as follows : ( 1 ) collections in the provinces : fifty per cent shall accrue to the municipality where the property subject to the tax is situated ; twenty per cent shall accrue to the province ; and thirty per cent shall be remitted to the treasurer of the philippines to be expended exclusively for stabilizing the special education fund in municipalities , cities and provinces in accordance with the provisions of section seven of r.a. no .