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Presidential Decrees

Transferring, Ceding And Conveying To The Philippine Tourism Authority Certain Parcels Of Land Of The Public Domain Of The Government Located In The Ternate, Cavite, For Tourism Development

Presidential Decree No. 1574

MALACAÑANG
M a n i l a

PRESIDENTIAL DECREE No. 1574

TRANSFERRING, CEDING AND CONVEYING TO THE PHILIPPINE TOURISM AUTHORITY CERTAIN PARCELS OF LAND OF THE PUBLIC DOMAIN OF THE GOVERNMENT LOCATED IN THE TERNATE, CAVITE, FOR TOURISM DEVELOPMENT PURPOSES

By virtue of the powers vested in me by the Constitution, I, FERDINAND E. MARCOS, President of the Philippines, do hereby transfer, cede and convey to the Philippine Tourism Authority (PTA) for tourism development purposes a certain parcel of land of the public domain of the government located in Ternate, Cavite, which parcel of land is generally described as follows:

"Bounded on the North Caylabne Bay; on the East by Calumpang Naval Reservation and Puerto Azul Project; on the South by Calumpang Naval Reservation; and on the West by Calumpang Naval Reservation,"

consisting of one hundred twenty five (125) hectares, more or less, subject to more precise survey which shall be deemed part of this decree.

The PTA may not alienate the land or any portion thereof without the prior authority of...

Summary of Presidential Decree No. 1574

Transfer of Land for Tourism Development
- The decree transfers, cedes, and conveys a parcel of land located in Ternate, Cavite to the Philippine Tourism Authority (PTA) for tourism development purposes.
- The parcel of land is bounded on the North by Caylabne Bay, on the East by Calumpang Naval Reservation and Puerto Azul Project, on the South by Calumpang Naval Reservation, and on the West by Calumpang Naval Reservation.
- The parcel of land consists of one hundred twenty-five (125) hectares, more or less, subject to a more precise survey.

Restrictions on Alienation and Encumbrance
- The PTA may not alienate the land or any portion thereof without the prior authority of the President of the Philippines.
- However, the PTA may encumber the land with any government financing institution for development purposes.

Repeal and Modification of Inconsistent Laws
- All laws, Proclamation No. 307 dated November 20, 1967, orders, and regulations inconsistent with this decree are hereby repealed and modified accordingly.

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