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PRESIDENTIAL DECREE NO. 1245
PRESIDENTIAL DECREE NO. 1245 -
TRANSFERRING AND CONVEYING CABAN AND SOMBRERO ISLANDS, BATANGAS
PROVINCE, TO THE PHILIPPINE TOURISM AUTHORITY FOR TOURISM DEVELOPMENT
PURPOSES
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By virtue
of the powers vested in me by the Constitution, I, FERDINAND E. MARCOS,
President of the Philippines, hereby transfer and cede to the
Philippine Tourism Authority for tourism development the Islands of
Caban and Sombrero located in Batangas of 55 hectares and 3 hectares,
respectively. chanroblesvirtualawlibrary
All laws, proclamations, executive orders or decrees in consistent
herewith are hereby revoked or amended accordingly.
The Philippine Tourism Authority may not alienate the said islands or
any portion thereof without the prior approval of the President of the
Philippines, although it may encumber the same to any government
financing institution for tourism development purposes.
This Decree shall take effect immediately.
Done in the City of Manila,
this 22nd day of November, in the year of Our Lord, nineteen hundred
and seventy-seven.
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