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Commonwealth Acts : COMMONWEALTH ACTS
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COMMONWEALTH ACT NO. 20
AN
ACT AUTHORIZING THE PRESIDENT OF THE PHILIPPINES TO ORDER THE
INSTITUTION OF EXPROPRIATION PROCEEDINGS OR TO ENTER INTO NEGOTIATIONS
FOR THE PURPOSE OF ACQUIRING PORTIONS OF LARGE LANDED ESTATES USED AS
HOME SITES AND RESELLING THEM AT COST TO THEIR BONA FIDE OCCUPANTS,
APPROPRIATION FUNDS THEREFOR AND FOR OTHER PURPOSES |
Section 1. The President of the Philippines is hereby
authorized to
order the institution of expropriation proceedings or to enter into
negotiations for the purpose of acquiring portions of large landed
estates which are now used as home sites and reselling them at cost to
their bona fide occupants.
Sec.2. The Secretary of Agriculture and Commerce is
hereby
authorized to promulgate rules and regulations, subject to the
approval, of the President of the Philippines, for the resale of the
home sites herein to be acquired, to the bona fide occupants of said
home sites at the time of the approval of this Act. Any sale at cost of
the home sites other than to such bona fide occupants shall be void.
Before full payment of the home sites has been made, title therein
shall remain vested in the Government of the Commonwealth: Provided,
That no home sites shall be sold, disposed or encumbered by the
occupants to persons who are not qualified to acquire public
lands.
Sec.3. The sum of one million pesos or so much
thereof as may be
necessary is hereby appropriated out of any funds in the Philippine
Treasury not otherwise, appropriated to be expanded for carrying out
the purposes of this Act.
Sec.4. This Act shall take effect on its approval.
Approved: July 11, 1936.
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Since 19.07.98.