Republic Act No. 1278: An act directing the sale of a portion of the san lazaro friar lands in the city of manila, at the corner of quezon boulevard and c. lerma street, to actual occupants

Republic Act No. 1278

An act directing the sale of a portion of the san lazaro friar lands in the city of manila, at the corner of quezon boulevard and c. lerma street, to actual occupants

An Act Directing the Sale of a Portion of the San Lazaro Friar Lands in the City of Manila, at the Corner of Quezon Boulevard and C. Lerma Street, to Actual Occupants

In plain language

Republic Act No. 1268 directs the Director of Lands to sell portions of the San Lazaro Friar Lands at the intersection of Quezon Boulevard and C. Lerma Street in Manila to actual occupants. The Act provides for subdivision of the land, determination of sale price by an appraisal committee, arbitration for disputes, payment in equal installments over ten years, and an occupation fee for commercial lots. Rules and regulations to implement the Act must be issued, and the Act takes effect upon approval.

Directs sale of specified land to actual occupants

Requires subdivision into occupied lots with necessary streets

Price fixed by appraisal committee, with arbitration for disputes

Ten‑year equal installment payment plan

4% occupation fee for commercial lots

Rules and regulations to be issued for implementation

Act takes effect upon approval

Land Sales

Property Law

Philippines

Republic Act

San Lazaro

Quezon Boulevard

C. Lerma Street

REPUBLIC ACT No. 1278

An Act Appropriating an Additional Sum of Twenty-Three Million Pesos as Counterpart Fund to Carry Out the Purposes of Republic Act Numbered Six Hundred and Four

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

The sum of twenty-three million pesos is hereby appropriated, out of any funds in the National Treasury not otherwise appropriated, as additional Counterpart Fund to carry out the purposes of Republic Act Numbered Six hundred and four.

Section 2

This appropriation shall be available for expenditure until exhausted even after June thirty, nineteen hundred and fifty-seven.

Section 3

This Act shall take effect July first, nineteen hundred fifty-six.

Approved: June 14, 1955.

For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.