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PRESIDENTIAL DECREE NO. 457
PRESIDENTIAL DECREE NO. 457 -
AUTHORIZING THE UNIVERSITY OF THE PHILIPPINES AT LOS BAÑOS TO
ACQUIRE BY NEGOTIATED SALE OR BY EXPROPRIATION CERTAIN PRIVATE
PROPERTIES FOR THE EXPANSION OF AGRICULTURAL RESEARCH PROGRAMS AND
APPROPRIATING THE NECESSARY FUNDS THEREFOR
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WHEREAS,
the University of the Philippines at Los Baños (UPLB) and the
International Rice Research Institute (IRRI) are in urgent need of
additional lands for the expansion of their agricultural research
programs especially on rice and multiple cropping;chanroblesvirtualawlibrary
WHEREAS, the present world food crisis in which affects the Philippine
economy demands that the University of the Philippines at Los
Baños and the International Rice Research Institute intensify
their research projects to increase food production;chanroblesvirtualawlibrary
WHEREAS, there are private agricultural lands adjacent to the research
center of the University of the Philippines at Los Baños and the
International Rice Research Institute which are suitable for the
purpose and listed in Schedule "A" of this Decree.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers in me vested by the Constitution, do hereby
decree and order the following as part of the law of the land:cralaw:red
Section 1. The University of the Philippines at Los
Baños is hereby authorized to acquire by negotiated sale or by
expropriation in the private agricultural properties described in
Schedule "A" of this Decree for the expansion of the agricultural
research programs of the University and the International Rice Research
Institute.
Section 2. The acquisition cost of the properties
including existing permanent trees shall, in case of negotiated sale,
be in the amount of Twelve Thousand Five Hundred (P12,500.00) Pesos per
hectare while permanent buildings shall be compensated in accordance
with the market value fixed by the Provincial Assessor, the provisions
of Presidential Decree No. 76 notwithstanding, and if by expropriation
proceedings, such cost for the lands and buildings shall be in
accordance with Presidential Decree No. 76. In both cases, for the
dispossession of the bona-fide tenant-tillers from their farmholdings
they shall be compensated in the amount of Twelve Thousand Five Hundred
(P12,500.00) Pesos per hectare and they shall be given a free homelot
of Five Hundred (500) square meters each to be located in the barrio
site to be set aside by the University of the Philippines at Los
Baños. The other landless occupants in the area shall be given
the option to purchase in the barrio site a homelot of not more than
Five Hundred (500) square meters each at One Peso and Twenty Five
Centavos (P1.25) per square meter.
Section 3. In the event of acquisition by
expropriation the University of the Philippines at Los Baños
shall take immediate possession of the properties involved as soon as
the requisites of Presidential Decree No. 42 are complied with.
Section 4. The Bureau of Lands shall execute the
subdivision survey of the homelots of the tenant-tillers mentioned in
Section 2 hereof on the basis of a subdivision survey to be prepared by
the University of the Philippines at Los Baños. The University
shall upon approval of the subdivision survey, immediately execute the
corresponding deeds of conveyances of the homelots to the
tenant-tillers and shall at its own expense cause the registration
thereof in the name of the tenant-tillers and landless occupants who
opted to buy homelots.
Section 5. The University of the Philippines at Los
Baños shall be exempt from registration fees for the acquisition
of titles to the properties as well as for the issuance of individual
titles to the tenant-tillers and landless occupants who opted for
homelots. Should expropriation proceedings be resorted to, the
University shall likewise be exempt from all court fees.
Section 6. The landowners are hereby exempted from
payment of capital gains tax and the tenant-tillers from any tax on the
compensation prescribed in this Decree.
Section 7. There is hereby appropriated the sum of
Eight Million Five Hundred Thousand Pesos (P8,500,000.00) to carry out
the purposes of this Decree. chanroblesvirtualawlibrary
Section 8. The University of the Philippines at Los
Baños shall promulgate the rules and regulations to implement
this Decree.
Section 9. All laws, decrees, rules and regulations
contrary to or inconsistent herewith are hereby amended or repealed
accordingly. chanroblesvirtualawlibrary
Section 10. This Decree shall take effect immediately.
DONE in the City of Manila,
this 15th day of May, in the year of Our Lord, nineteen hundred and
seventy-four.
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