Extending The Effectivity Of Batas Pambansa Blg. 25 By Eight Months Up To 31 December 1984, And For Other Purposes
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Extending The Effectivity Of Batas Pambansa Blg. 25 By Eight Months Up To 31 December 1984, And For Other Purposes
Presidential Decree No. 1912
March 29, 1984
Case Overview and Summary
Summary of Presidential Decree No. 1912Extension of Batas Pambansa Blg. 25
- The effectivity of Batas Pambansa Blg. 25, which regulates rentals of dwelling units or land on which another's dwelling is located, is extended until December 31, 1984. (Section 1)
- This extension is an interim measure to govern affected leaseholds from market forces until a more definitive state policy is formulated by the Batasang Pambansa.
Further Studies and Recommendations
- The National Economic and Development Authority and the Ministry of Human Settlements shall undertake further studies on the feasibility of extending or lifting rent control. (Section 2)
- They shall submit their recommendations to the Batasang Pambansa not later than September 15, 1984. (Section 2)
- For this purpose, both agencies are authorized to solicit necessary data/information from public and private institutions. (Section 2)
Effectivity
- This Decree shall take effect immediately. (Section 3)
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Executive Issuances
Presidential Decrees
rent control
dwelling units
land leases
rental regulations
Batas Pambansa Blg. 25
National Economic and Development Authority
Ministry of Human Settlements
Batasang Pambansa
market forces
state policy
interim measure
extension
expiration
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feasibility studies
data collection
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Extending The Effectivity Of Batas Pambansa Blg. 25 By Eight Months Up To 31 December 1984, And For Other Purposes
Presidential Decree No. 1912
•March 29, 1984
MALACAÑANGM a n i l a
PRESIDENTIAL DECREE No. 1912
EXTENDING THE EFFECTIVITY OF BATAS PAMBANSA BLG. 25 BY EIGHT MONTHS UP TO 31 DECEMBER 1984, AND FOR OTHER PURPOSES
WHEREAS, the effectivity of Batas Pambansa Blg. 25 entitled "AN ACT REGULATING RENTALS OF DWELLING UNITS OR OF LAND OR WHICH ANOTHER'S DWELLING IS LOCATED AND FOR OTHER PURPOSES" will expire on April 10, 1984;
WHEREAS, in its consideration of a more definitive state policy on this matter, the Batasang Pambansa was not able to provide measures which would govern the affected leaseholds upon the expiry of Batas Pambansa Blg. 25;
WHEREAS, it is imperative that an interim measure be provided to govern the affected leaseholds from the unbridled effects of market forces upon the expiry of Batas Pambansa Blg. 25, pending the formulation of a more definitive state policy by the Batasang Pambansa.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the authority vested in me by the Constitution of the Republic of the Philippines, do hereby order and...
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