REPUBLIC ACT NO. 10686, October 11, 2015

[ REPUBLIC ACT NO. 10686, October 11, 2015 ]

AN ACT CREATING THE REGISTRY OF DEEDS FOR THE PROVINCE OF ZAMBOANGA SIBUGAY TO BE SITUATED IN THE MUNICIPALITY OF IPIL AND APPROPRIATING FUNDS THEREFOR.

Be it enacted by the Senate and house of Representatives of the Philippines in Congress assembled:

SECTION 1. There shall be created a Registry of Deeds for the Province of Zamboanga Sibugay which shall have territorial jurisdiction over all municipalities of the province. Its office shall be located in the Municipality of Ipil.

SEC. 2. The Registry of Deeds shall be appointed by the President taking into consideration the recommendation of the Secretary of Justice.

The Register of Deeds shall be assisted by a staff complement, in accordance with existing laws, to be appointed by the Secretary of Justice upon the recommendation of the Administrator of Land Registration Authority (LRA).

The Registry of Deeds is authorized to collect feeds and charges for services rendered in connection with the performance of its duties. In case the amounts collected during its first three (3) years of operation shall meet the annual average revenue standards set by Section 7 of Presidential Decree No. 1529, otherwise known as "The Property Registration Decree", a Deputy Register of Deeds and, in the appropriate case, a Second Deputy Register of Deeds and, in the appropriate case, a Second Deputy Register of Deeds, shall be appointed by the Secretary of Justice upon the recommendation of the Administrator of LRA.

SEC. 3. All records pertaining to, as well as all office equipment and supplies exclusively purchased and used for the jurisdiction of the Registry of Deeds of the Province of Zamboanga Sibugay, which are in the possession of the Registry of Deeds of Zamboanga Del Sur shall be transferred to the new Office of the Register of Deeds of the Province of Zamboanga Sibugay.

SEC. 4. The Secretary of Justice shall formulate the rules and regulations necessary for the implementation of this Act.

SEC. 5. The amount necessary to implement the provisions of this Act shall be included in the budget of the LRA in the annual General Appropriations Act.

SEC. 6. This Act shall take effect fifteen (15) days from its publication in the Office Gazette or in a newspaper of general circulation.

Approved, OCT 11 2015

(SGD.) FRANKLIN M. DRILON President of the Senate

(SGD.) FELICIANO BELMONTE JR. Speaker of the House of Representatives

This Act which originated in the House of Representatives was passed by the House of Representatives on August 4, 2014, amended by the Senate on June 8, 2015, and which amendments were concurred in the House of Representatives on August 4, 2015

(SGD.) OSCAR G. YABES President of the Senate

(SGD.) MARILYN B. BARUA-YAP Speaker of the House of Representatives

APPROVED: OCT 15 20116

(SGD.) BENIGNO C. AQUINO III President of the Philippines