Grant of Authority to the President to Sell Land to Jose P. Laurel Memorial Foundation
Republic Act No. 5263, enacted on June 15, 1968, authorizes the President of the Philippines to sell a parcel of government land in Malate, Manila, to the Jose P. Laurel Memorial Foundation for the nominal price of one peso. The land, measuring approximately 2,802.60 square meters, is intended for the construction of a permanent memorial building. The Foundation is prohibited from leasing the property without specific provisions, and any lease proceeds must support its established purposes. If the Foundation is dissolved, fails to build within five years, or violates the Act, the land will revert to the National Government without compensation. The law took effect upon its approval.
Quick Answers
- What is Grant of Authority to the President to Sell Land to Jose P. Laurel Memorial Foundation about?
- Republic Act No. 5263, enacted on June 15, 1968, authorizes the President of the Philippines to sell a parcel of government land in Malate, Manila, to the Jose P. Laurel Memorial Foundation for the nominal price of one peso. The land, measuring approximately 2,802.60 square meters, is intended for the construction of a permanent memorial building. The Foundation is prohibited from leasing the property without specific provisions, and any lease proceeds must support its established purposes. If the Foundation is dissolved, fails to build within five years, or violates the Act, the land will revert to the National Government without compensation. The law took effect upon its approval.
- What type of law is Republic Act No. 5263?
- Grant of Authority to the President to Sell Land to Jose P. Laurel Memorial Foundation (Republic Act No. 5263) is a Philippine Statutes enacted by the Congress of the Philippines.
- When was Grant of Authority to the President to Sell Land to Jose P. Laurel Memorial Foundation enacted?
- Grant of Authority to the President to Sell Land to Jose P. Laurel Memorial Foundation (Republic Act No. 5263) was enacted on Jun 15, 1968.
- What is the citation for Grant of Authority to the President to Sell Land to Jose P. Laurel Memorial Foundation?
- Grant of Authority to the President to Sell Land to Jose P. Laurel Memorial Foundation, Republic Act No. 5263, Jun 15, 1968 (Philippines)
Law Information
- Reference Number
- Republic Act No. 5263
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 15, 1968
REPUBLIC ACT NO. 5263
AN ACT AUTHORIZING THE PRESIDENT OF THE PHILIPPINES TO SELL A CERTAIN PARCEL OF LAND OF THE PRIVATE DOMAIN OF THE NATIONAL GOVERNMENT TO THE JOSE P. LAUREL MEMORIAL FOUNDATION
SECTION 1. The President of the Philippines is hereby authorized to sell to the Jose P. Laurel Memorial Foundation for the nominal price of one peso, the parcel of land owned by the Government and described below:
"A parcel of land with an area of approximately 2,802.60 square meters, more or less, situated in the District of Malate, City of Manila, and designated as that portion of Lot 101-B-2, particularly described technically as follows:
"From Fire Hydrant (F. H.) 41, City of Manila to corner 1, being N. 42º 38' W., distance 4.41 meters; then from corner (1) to (2) S. 25º 29' E., distance 35.00 meters; (2) to (3) S. 67º 15' W., distance 79.99 meters; (3) to (4) N. 26º 08' W., distance 35.00 meters; (4) to (1) N. 67º 14' E., distance 80.37 meters."
SECTION 2. This conveyance is made for the exclusive purpose of enabling the Foundation to construct on said land a permanent Jose P. Laurel Memorial Foundation Building of its own.
SECTION 3. The property shall not be leased but any spare in the building to be constructed therein may be leased: Provided, That the proceeds from such lease shall be utilized for purposes for which the Foundation has been established.
SECTION 4. The title to and use of the land conveyed by this Act shall not be transferred by the said Foundation to other person without previous authorization by the Congress of the Philippines.
SECTION 5. In case the Jose P. Laurel Memorial Foundation is dissolved or ceases for any reason to undertake its objectives or to have any need for the land, or fails to construct any building within five years after the approval of this Act, or violates any provision of this Act, the said land, including all the improvements thereon, shall ipso facto revert to the National Government without compensation.
SECTION 6. This Act shall take effect upon its approval.
Approved: June 15, 1968
Published in the Official Gazette, Vol. 65, No. 22, p. 5571 on June 2, 1969
Cite This Law
Grant of Authority to the President to Sell Land to Jose P. Laurel Memorial Foundation, Republic Act No. 5263, Jun 15, 1968 (Philippines)
Grant of Authority to the President to Sell Land to Jose P. Laurel Memorial Foundation, Republic Act No. 5263 (Phil. 1968)
Related Laws
- Conversion of the Jose P. Laurel Memorial School of Arts and Trades in Malvar, Batangas to Jose P. Laurel Polytechnic CollegeRepublic Act No. 7518 • May 21, 1992 • Statutes
- Authority of President to Sell Parcel of Land to Ramon Magsaysay Award FoundationRepublic Act No. 2239 • Jun 17, 1959 • Statutes
- Establishment of Jose P. Laurel, Sr. Memorial School of Arts and Trades in Malvar, BatangasRepublic Act No. 5417 • Jun 15, 1968 • Statutes
- Authority of President to Sell Parcel of Land to Friends of Roxas, Inc.Republic Act No. 2715 • Jun 18, 1960 • Statutes
- Authority of President to Sell Government Properties to Pay Subscription to Land Bank of the PhilippinesRepublic Act No. 5169 • Aug 4, 1967 • Statutes
- Change of Name of Dadiangas North "A" Elementary School to Jose P. Laurel Elementary SchoolRepublic Act No. 6706 • Feb 10, 1989 • Statutes
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