ChanRobles Virtual law Library
PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Republic Acts :
REPUBLIC ACTS
PLEASE CLICK HERE FOR THE LATEST ➔ PHILIPPINE LAWS, STATUTES & CODES
REPUBLIC ACT NO. 4649 - AN ACT
AUTHORIZING THE PRESIDENT OF THE PHILIPPINES TO RESERVE CERTAIN PARCELS
OF LAND OF THE PHILIPPINE GOVERNMENT FOR THE FREE USE OF THE ASIAN
DEVELOPMENT BANK AND THE UNITED NATIONS ORGANIZATION; APPROPRIATING
FUNDS FOR THE CONSTRUCTION OF BUILDINGS THEREON; APPROPRIATING FUNDS
FOR THE PAYMENT OF RENTAL ON THE TEMPORARY OFFICES OF THE ASIAN
DEVELOPMENT BANK, AND FOR OTHER PURPOSES Section 1. For purposes specified in Section two of this Act,
the President of the Philippines is hereby authorized to reserve
unconditionally two parcels of private land owned by the Philippine
Government with a combined area of twelve thousand two hundred square
meters, situated in Greater Manila, and more specifically on Roxas
Boulevard, in the City of Pasay, and more particularly described as
follows: Sec. 2. The reservation shall be for the purpose of erecting buildings on the land, which land and buildings shall be provided, free of charge, for the use and occupancy of the Asian Development Bank, its subsidiary bodies and affiliated institutions and the United Nations Organization, its subsidiary bodies, specialized agencies and other affiliated institutions, during the entire period of their legal existence. Sec. 3. In case the Asian Development Bank or the United Nations Organization is dissolved or permanently ceases for any reason to require the use of the land and buildings, such use shall automatically revert to the Philippine Government. Sec. 4. For the purpose of carrying out the
provisions of this Act, there is hereby appropriated, out of any funds
in the National Treasury not otherwise appropriated, the sum of thirty
million pesos, or so much thereof as shall be necessary to construct,
furnish, and maintain the buildings and its premises. Sec. 5. Provisions of existing law to the contrary notwithstanding, the Philippine Coordinating Committee on the Asian Development Bank organized under the provisions of Executive Order No. 228 dated December 15, 1965, is hereby authorized to administer and disburse funds appropriated herein, to engage the services of private architects and engineers to prepare complete plans, specifications and other related contract documents for the buildings and its premises; to advertise for, evaluate and award the contracts for the construction of the Asian Development Bank and United Nations Organization buildings, the procurement of furnishings therefor, the landscaping to be done, and the maintenance and repair of the buildings and its premises; and to perform such other functions as may be necessary or desirable to properly discharge its responsibilities. Sec. 6. All importations of construction materials, facilities and equipment for the buildings provided hereunder and for the maintenance and repair of said facilities and equipment, shall be exempt from all taxes, duties, fees, imposts, and other charges on or in respect of such importations. Sec. 7. This Act shall take effect upon its
approval. Approved: June 9, 1966 |
chanroblesvirtuallawlibrary