Conveyance of Public Land and Other Public Property in Payment of Estates Acquired by the Government
Republic Act No. 926, enacted on June 20, 1953, authorizes the President of the Philippines to convey public land and property as compensation for landed estates acquired by the government, either through voluntary agreements or expropriation. The exchange is contingent upon the written consent of the landowner and may include public lands that are legally disposable for sale or lease. Notably, the assessed value of the public agricultural land is not considered in these transactions. The Act is limited to the provisions outlined in the Public Land Law (Commonwealth Act No. 141) and took effect immediately upon approval.
Law Information
- Reference Number
- Republic Act No. 926
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 20, 1953
REPUBLIC ACT NO. 926
AN ACT TO AUTHORIZE THE PRESIDENT TO CONVEY PUBLIC LAND AND OTHER PUBLIC PROPERTY IN PAYMENT OF LANDED ESTATES ACQUIRED BY THE GOVERNMENT
SECTION 1. In payment of compensation for landed estates acquired by the Government, whether thru voluntary agreement or thru expropriation proceedings, the President of the Philippines may convey in behalf of the Republic, with the written consent of the owner of land, in total or partial payment of such compensation, such public land as is disposable by sale or lease to private individuals in accordance with law and such other similarly disposable property pertaining to the Republic of the Philippines. In effecting such exchange involving public agricultural land, the assessed value shall not be taken into consideration.
SECTION 2. Public lands conveyed under this Act by the President of the Philippines in behalf of the Republic shall be limited to the area as provided for in Commonwealth Act Numbered One hundred forty-one, otherwise known as the Public Land Law.
SECTION 3. This Act shall take effect upon its approval.
Approved: June 20, 1953
Published in the Official Gazette, Vol. 49, No. 8, p. 3280 in August 1953
Cite This Law
Conveyance of Public Land and Other Public Property in Payment of Estates Acquired by the Government, Republic Act No. 926, Jun 20, 1953 (Philippines)
Conveyance of Public Land and Other Public Property in Payment of Estates Acquired by the Government, Republic Act No. 926 (Phil. 1953)
Related Laws
- The Public Land ActCommonwealth Act No. 141 • Nov 7, 1936 • Statutes
- Public Land ActAct No. 2874 • Nov 29, 1919 • Statutes
- The Public Land ActAct No. 926 • Oct 7, 1903 • Statutes
- An Act Authorizing the Governor-General to Sell or Lease the Buildings and Other Property Known as the Insular Cold-Storage and Ice Plant, and to Lease the Land on which the Same is Situated, and for Other PurposesAct No. 2306 • Dec 19, 1913 • Statutes
- Charter of the Public Estates AuthorityPresidential Decree No. 1084 • Feb 4, 1977 • Presidential Issuances
- Conveying the Land Reclaimed in the Manila-Cavite Coastal Road Project as Property of Public Estates AuthorityPresidential Decree No. 1085 • Feb 4, 1977 • Presidential Issuances
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