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PRESIDENTIAL DECREE NO. 1574
PRESIDENTIAL DECREE NO. 1574 -
TRANSFERRING, CEDING AND CONVEYING TO THE PHILIPPINE TOURISM AUTHORITY
CERTAIN PARCELS OF LAND OF THE PUBLIC DOMAIN OF THE GOVERNMENT LOCATED
IN THE TERNATE, CAVITE, FOR TOURISM DEVELOPMENT PURPOSES
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chanroblesvirtualawlibrary
By virtue
of the powers vested in me by the Constitution, I, FERDINAND E. MARCOS,
President of the Philippines, do hereby transfer, cede and convey to
the Philippine Tourism Authority (PTA) for tourism development purposes
a certain parcel of land of the public domain of the government located
in Ternate, Cavite, which parcel of land is generally described as
follows: chanroblesvirtualawlibrary
"Bounded on the North Caylabne Bay; on the East by Calumpang Naval
Reservation and Puerto Azul Project; on the South by Calumpang Naval
Reservation; and on the West by Calumpang Naval Reservation,"
consisting of one hundred twenty five (125) hectares, more or less,
subject to more precise survey which shall be deemed part of this
decree. chanroblesvirtualawlibrary
The PTA may not alienate the land or any portion thereof without the
prior authority of the President of the Philippines, although it may
encumber the same with any government financing institution for
development purposes.
All laws, Proclamation No. 307 date November 20, 1967, orders and
regulations inconsistent herewith are hereby repealed and modified
accordingly.
This Decree shall take effect immediately.
Done in the City of Manila,
this 11th day of June, in the year of Our Lord, nineteen hundred and
seventy-eight.
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