CONVEYING CERTAIN PARCELS OF LAND OF THE PUBLIC DOMAIN TO THE NATIONAL DEVELOPMENT COMPANY FOR PRIORITY PROJECTS, ESTABLISHING A SPECIAL PROCEDURE FOR MAKING AVAILABLE LANDS OF …

WHEREAS, there are priority projects that need to be
undertaken in order to accelerate national economic development;

WHEREAS, it is the declared policy of the State to promote
overall economic development through assistance to commercial, industrial,
agricultural, mining or other ventures, and for this purpose, it may, on its own
or in joint venture with the private sector, undertake priority projects;

WHEREAS, the National Development Company is a major
corporate vehicle of the Government empowered to engage or invest in commercial,
industrial, agricultural, mining, and other enterprises in which the private
sector is unwilling or unable to come in due to the high capital requirements or
due to the great risks involved, but which enterprises ire necessary or
contributory to national economic development, or important to the public
interest;

WHEREAS, the National Development Company is empowered by
law to hold all kinds of land, even in excess of areas permitted private
corporations, associations, and persons by the Constitution and by the laws of
the Philippines;

WHEREAS, in order to ensure speedy implementation of the
priority projects, it is necessary that lands of the public domain be readily
made available to the National Development Company;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers vested in me by the Constitution, do hereby
decree and make part of the law of the land the following:

SECTION 1. The parcels of land of the public domain covered
by Proclamation No. 1939 dated June 22, 1980, and Proclamation No. 2041 dated
December 9, 1980 and all other lands covered by lease agreements between the
Government of the Republic the Philippines and the National Development Company
are hereby classified as alienable and disposable lands being more suitable for
the priority projects of the National Development Company. These lands are
hereby brought under the supervision and control of, and conveyed in full and
absolute ownership, subject to private rights if any, to the National
Development Company, The fair market value of said parcels of land shall be
determined by a professional firm of appraisers designated by the Minister of
Industry, and the fair market value so determined shall be recorded in the books
of the National Development Company as part of the National Government’s
contribution to the equity capital of the National Development Company.

The parcels of land herein conveyed shall be registered by be proper Register
of Deeds and corresponding certificated of title shall be issued in the name of
the National Development Company. In the event that a survey is required for a
particular parcel or parcels of land to establish motes and bounds for purposes
of registration, the Bureau of Lands shall immediately undertake the necessary
survey.

SEC. 2. Any provision of law to the contrary
notwithstanding, the President may be executive proclamation declare and set
aside any other tract or tracts of land of the public domain which shall be made
available as a Government Reservation, subject to private rights, if any, for
the use if the National Development Company for the purpose of undertaking,
priority projects, including but not limited to plantation agriculture,
industrial tree plantation, industrial tree plantations, industrial reservations
and other priority projects as may be authorized by its Revised Charter or by
special law.

A certified copy of every proclamation of the President issued under the
provisions of this Decree shall be forwarded and recorded in the registers of
the Bureau of Forest Development, the Bureau of Lands, the Bureau of Mines, the
proper Register of Deeds, and any other appropriate government bureau, agency or
office, within fifteen (15) days from the ate of the proclamation.

SECTION. 3. In the event that a survey of metes and bounds
necessary, the same may be undertaken by the Bureau of Lands by any person or
entity duly authorized by the Minister of Industry and confirmed by the Bureau
of Lands within (15) days from submission of survey returns.

SECTION 4. Lands declared as Government reservations for use
of the National Development Company for priority projects under the provisions
of this Decree shall be recorded in the books of the National Development
Company at their fair market value as determined by a professional firm of
appraisers designated by the Minister of Industry, The value so established all
form part of the National Government’s contribution to the equity capital of the
national Development Company.

SECTION 5. The National Development Company shall develop
and use, or cause to be developed and used, the lands made Callable under the
provisions of this Decree for its priority projects. For this purpose, the
National Development Company may enter into any contract, including but not
limited to lease contracts, operating agreements, or growers’ agreement, with
any person or entity it shall consider competent in connection with the
development and use of all or any portion of the lands herein made
available.

SECTION 6. All laws, decrees, executive orders,
proclamations, instructions, rules or regulations, or parts thereof which are
inconsistent with the provisions of this Decree are hereby repealed and/or
modified accordingly.

SECTION 7. This Decree shall take effect immediately.

Done in the City of Manila, this 11th day of January, in the year of Our
Lord, nineteen hundred and eighty one.

			(Sgd.) FERDINAND E. MARCOS President of the Philippines
	By the President:
	(Sgd.) JOAQUIN T. VENUS, JR.
		Deputy Presidential Executive Assistant

 

Vol. 25, Vital Documents, Presidential Decree 1980-1981