REPUBLIC ACT NO. 1266 - AN ACT AUTHORIZING THE NATIONAL RESETTLEMENT AND REHABILITATION ADMINISTRATION (NARRA) TO EXPROPRIATE THE HACIENDA DEL ROSARIO, SITUATED AT VALDEFUENTE, CABANATUAN CITY, AND SUP DIVIDE SAID HACIENDA INTO LOTS TO BE SOLD TO BONA FIDE OCCUPANTS THEREOF.
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:
SECTION 1. The National Resettlement and Rehabilitation Administration (NARRA) is hereby authorized to expropriate within six months from the approval of this Act, the Hacienda dei Rosario situated at Valdefuente Cabanatuan City, and pay the price of the land and cost of such expropriation out of its funds. The said hacienda shall be subdivided into lots not bigger than one hectare each and resold to bona fide occupants thereof at such price as may be determined by the Board of Directors of the NARRA which shall include the price of the land ana the cost of such expropriation, administration, subdivision, resale and interests. The purchase price of tht resale to bona fide occupants shall be payable in installments within the period of not more than ten years.
SEC. 2. This Act shall take effect upon its approval.
Approved, June 11, 1955.
More in Republic Acts
- REPUBLIC ACT NO. 9519, January 07, 2009(REPUBLIC ACT No. 9519)
- REPUBLIC ACT NO. 8083, July 06, 1995(REPUBLIC ACT No. 8083)
- REPUBLIC ACT NO. 9114, April 14, 2001(REPUBLIC ACT No. 9114)
- REPUBLIC ACT No. 815 - AN ACT TO AMEND REPUBLIC ACT NUMBERED FIVE HUNDRED AND SEVENTY-THREE, OTHERWISE KNOWN AS THE "PHILIPPINE MILITARY AID TO THE UNITED NATIONS ACT", AND FOR OTHER PURPOSES.(REPUBLIC ACT No. 815)
- REPUBLIC ACT NO. 1855 - AN ACT TO PLACE LIFE INSURANCE COMPANIES ON A NEW INCOME TAX BASIS BY AMENDING SECTIONS TWENTY-FOUR AND THIRTY-TWO OF COMMONWEALTH ACT NUMBERED FOUR HUNDRED AND SIXTY-SIX, OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED.(REPUBLIC ACT No. 1855)
- REPUBLIC ACT NO. 6797 - AN ACT CHANGING THE NAME OF THE KENRAM ELEMENTARY SCHOOL IN KENRAM, ISULAN, SULTAN KUDARAT, TO J. P. GARCIA MEMORIAL SCHOOL(REPUBLIC ACT No. 6797)
- REPUBLIC ACT NO. 5063 - AN ACT AUTHORIZING AN APPROPRIATION OF THREE HUNDRED THOUSAND PESOS FOR THE ESTABLISHMENT, OPERATION AND MAINTENANCE OF A SCHOOL FOR PHILIPPINE CRAFTSMEN IN THE MUNICIPALITY OF BOBON, PROVINCE OF SAMAR.(REPUBLIC ACT No. 5063)
- REPUBLIC ACT NO. 4435 - AN ACT GRANTING THE BOLBOK ELECTRIC AND ICE PLANT CORPORATION A FRANCHISE TO CONSTRUCT, OPERATE AND MAINTAIN AN ELECTRIC LIGHT, HEAT AND POWER SYSTEM, AND AN ICE PLANT IN THE MUNICIPALITY OF SAN JUAN, PROVINCE OF BATANGAS, AND TO DISTRIBUTE AND SELL ELECTRIC HEAT AND POWER THEREIN, AND ALSO SELL ICE IN THE AFORESAID MUNICIPALITY AND NEIGHBORING MUNICIPALITIES.(REPUBLIC ACT No. 4435)
Want an analysis of this document?
Ask ASG Legal AI to summarize it, compare it with other rulings, or explain how it applies to your situation — it researches from this same library.