Amendment to Section 14 of Act No. 1120 Re: Payments of Rentals or Installments on Purchase Price of Friar Lands
Act No. 2125, enacted on February 1, 1912, amends Section 14 of Act No. 1120 to allow for the suspension of rental or installment payments on friar lands in the event of natural calamities, such as fire or flood, that significantly damage a lessee's crops. If a lessee can demonstrate that their harvest value falls below half of the average due to these calamities, the Director of Lands may suspend payment obligations, provided there is no negligence on the part of the lessee and they lack other income sources. Any suspended payments will be redistributed over the remaining contract period. The act emphasizes the need for swift legislative action for public welfare.
Quick Answers
- What is Amendment to Section 14 of Act No. 1120 Re: Payments of Rentals or Installments on Purchase Price of Friar Lands about?
- Act No. 2125, enacted on February 1, 1912, amends Section 14 of Act No. 1120 to allow for the suspension of rental or installment payments on friar lands in the event of natural calamities, such as fire or flood, that significantly damage a lessee's crops. If a lessee can demonstrate that their harvest value falls below half of the average due to these calamities, the Director of Lands may suspend payment obligations, provided there is no negligence on the part of the lessee and they lack other income sources. Any suspended payments will be redistributed over the remaining contract period. The act emphasizes the need for swift legislative action for public welfare.
- What type of law is Act No. 2125?
- Amendment to Section 14 of Act No. 1120 Re: Payments of Rentals or Installments on Purchase Price of Friar Lands (Act No. 2125) is a Philippine Statutes enacted by the Congress of the Philippines.
- When was Amendment to Section 14 of Act No. 1120 Re: Payments of Rentals or Installments on Purchase Price of Friar Lands enacted?
- Amendment to Section 14 of Act No. 1120 Re: Payments of Rentals or Installments on Purchase Price of Friar Lands (Act No. 2125) was enacted on Feb 1, 1912.
- What is the citation for Amendment to Section 14 of Act No. 1120 Re: Payments of Rentals or Installments on Purchase Price of Friar Lands?
- Amendment to Section 14 of Act No. 1120 Re: Payments of Rentals or Installments on Purchase Price of Friar Lands, Act No. 2125, Feb 1, 1912 (Philippines)
Law Information
- Reference Number
- Act No. 2125
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
February 1, 1912
ACT NO. 2125
AN ACT AMENDING SECTION FOURTEEN OF ACT NUMBERED ELEVEN HUNDRED AND TWENTY, BY PROVIDING FOR THE SUSPENSION OF PAYMENTS OF RENTALS OR INSTALLMENTS ON THE PURCHASE PRICE OF THE SO-CALLED FRIAR LANDS, AND THE INTEREST THEREON, IN THE EVENT OF CALAMITIES ARISING IN CONSEQUENCE OF THE ACTS OF GOD OR OF THE PUBLIC ENEMY
SECTION 1. Section fourteen of Act Numbered Eleven hundred and twenty is hereby amended by adding to the end thereof the following:
"Provided, That when, by reason of fire, flood, drought, or other calamity arising in consequence of the act of God or of the public enemy, the crops of a lessee or purchaser shall be damaged or destroyed to such an extent that the prevailing market value of the harvest for the year in which such calamity occurs shall be less than one-half of the value of an average annual harvest, the Director of Lands, by administrative order, shall suspend the collection of rental, or the installment of the purchase price, or interest due on the deferred payments, or both installment and interest, corresponding to the periods of such calamity, if it shall be made to appear to his satisfaction that such loss has actually occurred, without contributory negligence on the part of said lessee or purchaser, and that the latter has no sufficient income other than that derived from the sale of his crops from which to make payment of the rental or installment and interest due.
"The rental or installment or interest so suspended shall be distributed through the periods remaining on the contract of lease or the sale certificate."
SECTION 2. The public good requiring the speedy enactment of this bill, the same shall take effect on its passage, in accordance with section one of Act Numbered Nineteen hundred and forty-five of the Philippine Legislature.
Enacted: February 1, 1912
Cite This Law
Amendment to Section 14 of Act No. 1120 Re: Payments of Rentals or Installments on Purchase Price of Friar Lands, Act No. 2125, Feb 1, 1912 (Philippines)
Amendment to Section 14 of Act No. 1120 Re: Payments of Rentals or Installments on Purchase Price of Friar Lands, Act No. 2125 (Phil. 1912)
Related Laws
- The Friar Lands ActAct No. 1120 • Apr 26, 1904 • Statutes
- Amendments to Act No. 1120 (Friar Lands Act)Act No. 3323 • Dec 4, 1926 • Statutes
- Removal of Prohibitions Against Encumbrance or Alienation of Certain Friar LandsRepublic Act No. 3102 • Jun 17, 1961 • Statutes
- An Act Amending Sections Nine and Eleven of Act Numbered Eleven Hundred and Twenty, Entitled "The Friar Lands Act," Providing for the Manner of Sale of Unoccupied Lands and the Time within which Deferred Payments by Purchasers of Friar Lands may be MadeAct No. 1847 • Jun 3, 1908 • Statutes
- An Act to Amend Section Two of Commonwealth Act Numbered Thirty-Two, Entitled "An Act Providing for the Subdivision and Sale of All the Portions of the Friar Lands Estates Remaining Undisposed of"Commonwealth Act No. 316 • Jun 9, 1938 • Statutes
- Issuance of Government Bonds To Acquire Funds for Payment of Purchase Price of Friar LandsAct No. 1034 • Jan 6, 1904 • Statutes
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