Authority of President to Sell Certain Parcel of Land in Baguio City to National Development Co.
Republic Act No. 3813, enacted on June 22, 1963, authorizes the President of the Philippines to sell a 34,762 square meter parcel of public land in Baguio, specifically the Pines Hotel site, to the National Development Company for a nominal price of one peso. The Act grants the National Development Company full ownership and title to the land, but stipulates that any transfer, sale, mortgage, or encumbrance of the property requires prior authorization from the President. Additionally, any inconsistent laws or proclamations are repealed by this Act, which takes effect upon its approval. The law was published in the Official Gazette on February 3, 1964.
Law Information
- Reference Number
- Republic Act No. 3813
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 22, 1963
REPUBLIC ACT NO. 3813
AN ACT AUTHORIZING THE PRESIDENT OF THE PHILIPPINES TO SELL A CERTAIN PARCEL OF LAND OF PUBLIC DOMAIN WITHIN THE CITY OF BAGUIO TO THE NATIONAL DEVELOPMENT COMPANY
SECTION 1. The President of the Philippines, is hereby authorized to sell to the National Development Company, a government-owned corporation, for a nominal price of one peso, a parcel of public domain constituting the Pines Hotel site with an area of 34,762 square meters and more particularly designated as Lot 4, Plan Swo-19505, portion of Lot No. 100-New of Plan BAD-1311.
SECTION 2. By this conveyance, the National Development Company acquires full ownership and title to said piece of land described in the preceding section: Provided, however, That the said land, subject matter of this Act, shall not be transferred, sold, mortgaged, encumbered or alienated to any person, association, or corporation without the previous authorization by the President of the Philippines.
SECTION 3. All Acts, orders, or proclamations inconsistent with this Act are deemed repealed. cdt
SECTION 4. This Act shall take effect upon its approval.
Approved: June 22, 1963
Published in the Official Gazette, Vol. 60, No. 5, p. 640 on February 3, 1964
Cite This Law
Authority of President to Sell Certain Parcel of Land in Baguio City to National Development Co., Republic Act No. 3813, Jun 22, 1963 (Philippines)
Authority of President to Sell Certain Parcel of Land in Baguio City to National Development Co., Republic Act No. 3813 (Phil. 1963)
Related Laws
- Authority of President to Sell Certain Parcel of Land in Manila to Knights of RizalRepublic Act No. 5451 • Sep 30, 1968 • Statutes
- Authority of President to Sell Parcel of Land to National Press ClubRepublic Act No. 905 • Jun 20, 1953 • Statutes
- Authority of President to Sell Parcel of Land to Phi. National Red CrossRepublic Act No. 5870 • Jun 21, 1969 • Statutes
- Authority of President to Sell Certain Parcels of Land to Boy Scouts of the PhilippinesRepublic Act No. 2388 • Jun 20, 1959 • Statutes
- Authority of President to Sell Parcel of Land to Ramon Magsaysay Award FoundationRepublic Act No. 2239 • Jun 17, 1959 • Statutes
- Authorizing the President to Sell Certain Parcel of Land to Veterans Federation of the PhilippinesRepublic Act No. 3853 • May 13, 1964 • Statutes
Browse More Statutes
Explore other laws in the Statutes category.
View All StatutesNeed Help Understanding This Law?
Ask our AI assistant to explain provisions, implications, or related laws.
Ask AI About This Law