Expeditious Settlement of Salvage Claim on and/or Disposition of Salved Derelicts
Letter of Instructions No. 134, issued on September 24, 1973, directs the Bureau of Customs to expedite the salvage process for derelicts in the Pasig River Development Project. Salvors are to report successful salvage operations, after which known owners must be notified within 72 hours to file claims; failing to do so will result in the salvage being awarded to the salvors. For derelicts with unknown owners, public bidding will be announced for three consecutive days, with unsatisfactory bids resulting in the derelict being awarded to the salving party. This aims to facilitate the recovery of investment for salvors and promote the clearing of waterways in Greater Manila.
Law Information
- Reference Number
- Letter of Instructions No. 134
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Letters of Instructions
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
September 24, 1973
LETTER OF INSTRUCTIONS NO. 134
| TO | : | The Commissioner Bureau of Customs |
| Manila |
In order to hasten the completion of the Pasig River Development Project through a sustained and continuous clearing of the Pasig river, adjoining esteros and waterways within the Greater Manila area of derelicts and other discarded matters, and to enable the authorized salvors or salved derelicts to recover the early return of their investment and thereby replenish their operating capital, I hereby direct that settlement of the salvage claim on and/or disposition of those salved derelicts be expedited by adopting, as an exception to the technical requirements of the Salvage Law, the following procedures:
1. That, upon receipt of the salvors' report on the successful salvage of any derelict, known owner(s) and rightful party(ies) thereto must immediately be informed thereof in seventy-two (72) hours within which to file their claim, otherwise the same shall immediately be awarded to the salving party by way of salvage compensation. cd
2. With respect to those the owner(s) or rightful party(ies) of which are unknown, the salved derelicts shall be published for public bidding for three successive days in a newspaper of general circulation, after which, bidding shall immediately be held as scheduled. Should there be no bidder and/or shall the highest bid offered thereon is insufficient to cover the reasonable salvage claim, such bid shall be denied and the salved derelict shall be awarded to the salving party. cdt
For immediate compliance.
Cite This Law
Expeditious Settlement of Salvage Claim on and/or Disposition of Salved Derelicts, Letter of Instructions No. 134, Sep 24, 1973 (Philippines)
Expeditious Settlement of Salvage Claim on and/or Disposition of Salved Derelicts, Letter of Instructions No. 134 (Phil. 1973)
Related Laws
- Functions of Philippine Coast Guard and Bureau of Customs Over Derelicts and Sunken VesselsLetter of Instructions No. 263 • Mar 31, 1975 • Presidential Issuances
- Penalizing the Unauthorized Salvage of Vessels, Wrecks, Derelicts and Other Hazards to Navigation as Well as Cargoes Carried by Sunken VesselsPresidential Decree No. 890 • Feb 9, 1976 • Presidential Issuances
- Delegation to Secretary of National Defense the Authority to Approve Salvage PermitsLetter of Instructions No. 371 • Feb 9, 1976 • Presidential Issuances
- Rules and Procedures for the Speedy Disposition or Settlement of Conflicting Mining ClaimsPresidential Decree No. 309 • Oct 10, 1973 • Presidential Issuances
- Procedure for Disposition of Abandoned, Unclaimed, Seized or Forfeited Articles or Properties under Customs CustodyNational Emergency Memorandum Order No. 20 • May 8, 1990 • Presidential Issuances
- Settlement of Land Disputes under the Katarungang Pambarangay LawLetter of Instructions No. 1314 • Apr 26, 1983 • Presidential Issuances
Browse More Presidential Issuances
Explore other laws in the Presidential Issuances category.
View All Presidential IssuancesNeed Help Understanding This Law?
Ask our AI assistant to explain provisions, implications, or related laws.
Ask AI About This Law