Act No. 3038, approved on March 9, 1922, empowers the Secretary of Agriculture and Natural Resources to sell or lease land from the private domain of the Philippine government. This authority is granted specifically to individuals, corporations, or associations eligible under the Public Land Act. Any transactions involving agricultural land must adhere to the regulations outlined in the relevant chapters of the Public Land Act, while land necessary for public service is exempt from this Act. The law takes effect upon approval.
March 9, 1922
ACT NO. 3038
AN ACT AUTHORIZING THE SECRETARY OF AGRICULTURE AND NATURAL RESOURCES TO SELL OR LEASE LAND OF THE PRIVATE DOMAIN OF THE GOVERNMENT OF THE PHILIPPINE ISLANDS
SECTION 1. The Secretary of Agriculture and Natural Resources is hereby authorized to sell or lease land of the private domain of the Government of the Philippines Islands, or any part thereof, to such persons, corporations or associations as are, under the provisions of Act Numbered Twenty-eight hundred and seventy four, known as the Public Land Act, entitled to apply for the purchase or lease of agricultural public land. acd
SECTION 2. The sale or lease of the land referred to in the preceding section shall, if such land is agricultural, be made in the manner and subject to the limitations prescribed in chapters five and six, respectively, of said Public Land Act, and if it be classified differently, in conformity with the provisions of chapter nine of said Act: Provided, however, That the land necessary for the public service shall be exempt from the provision of this Act.
SECTION 3. This Act shall take effect on its approval.
Approved: March 9, 1922