Conveyance of Title to PTA Over Parcel of Land of the Public Domain in Pasonanca Park, Zamboanga City
Presidential Decree No. 663, issued on March 5, 1975, conveys ownership of a specific parcel of public land in Pasonanca Park, Zamboanga City, to the Philippine Tourism Authority for development purposes. The transfer is subject to the condition that the Authority cannot transfer or sell the land without the President's consent, although it can use the land as collateral for financing. The decree emphasizes the government's intent to promote tourism through this designated land. It took effect immediately upon issuance.
Law Information
- Reference Number
- Presidential Decree No. 663
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Presidential Decrees
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
March 5, 1975
PRESIDENTIAL DECREE NO. 663
CONVEYING TITLE TO THE PHILIPPINE TOURISM AUTHORITY OVER A PARCEL OF LAND OF THE PUBLIC DOMAIN LOCATED IN PASONANCA PARK, ZAMBOANGA CITY, FOR TOURIST DEVELOPMENT PURPOSES
By virtue of the powers vested in me by the Constitution, I, FERDINAND E. MARCOS, President of the Republic of the Philippines, do hereby transfer, cede and convey to the Philippine Tourism Authority, for tourist development purposes, a parcel of land of the public domain designated as Lot 2, Sgs-09-01-000001, situated in Pasonanca, Zamboanga City, and more particularly described in Proclamation No. 1324 dated September 26, 1974. acd
The Director of Lands shall issue a special patent in favor of the Philippine Tourism Authority subject to the following conditions.
That the Philippine Tourism Authority may not transfer title thereto or any portion thereof, without the consent of the President of the Philippines, although it may encumber the same with any government financing institution for its development.
This Decree shall take effect immediately.
DONE in the City of Manila, this 5th day of March, in the year of Our Lord, Nineteen Hundred and Seventy-Five.
Cite This Law
Conveyance of Title to PTA Over Parcel of Land of the Public Domain in Pasonanca Park, Zamboanga City, Presidential Decree No. 663, Mar 5, 1975 (Philippines)
Conveyance of Title to PTA Over Parcel of Land of the Public Domain in Pasonanca Park, Zamboanga City, Presidential Decree No. 663 (Phil. 1975)
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