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PRESIDENTIAL DECREE NO. 1004
PRESIDENTIAL DECREE NO. 1004 -
EXEMPTING THE TOLL FEES COLLECTED FROM THE KENNON AND THE
BAGUIO-BONTOC-HALSEMA TOLL ROADS FROM THE OPERATION OF PRESIDENTIAL
DECREE NUMBERED SEVEN HUNDRED ELEVEN
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WHEREAS,
the transfer of the toll fees collected from the operation of the
Kennon and the Baguio-Bontoc-Halsema Toll Roads to the General Fund of
the National Government, pursuant to Presidential Decree No. 711, has
created acute funding problems in the maintenance and improvement of
these roads;chanroblesvirtualawlibrary
WHEREAS, these toll roads are situated in mountainous terrains and are
very susceptible to periodic slides and erosions throughout the year,
which necessitate immediate maintenance, repair or improvement;chanroblesvirtualawlibrary
WHEREAS, to assure the immediate repair and continuing maintenance of
these roads to keep them open, safe and convenient to the travelling
public and in order not to paralyze traffic of commuters and essential
commodities, it is necessary to provide ample and available funds at
all times.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers in me vested by the Constitution, do hereby
order and decree: chanroblesvirtualawlibrary
Section 1. Toll fees collected from the Kennon and
the Baguio-Bontoc-Halsema Roads are hereby exempted from the provisions
of Presidential Decree No. 711 and are hereby authorized to be
disbursed exclusively for the maintenance, repair and improvement of
the said roads in accordance with the program of work prepared by the
Highway District Engineer of Benguet and approved by the Highway
Regional Director concerned.
Section 2. This Decree shall take effect
immediately. chanroblesvirtualawlibrary
Done in the City of Manila,
this 22nd day of September, in the year of Our Lord, nineteen hundred
and seventy-six.
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