WHEREAS, Section 3 of Republic Act No. 477 provides. among
others, that the lands which are to be subdivided and redistributed through the
former National Abaca and Other Fibers Corporation in accordance with the sail
Act, shall be sold by the aforesaid Corporation following the order of
preference specified therein, and that the subdivided lots which may still be
unoccupied shall be disposed of by drawing lots among qualified persons who may
apply for said lots;
WHEREAS, it has been observed that the provisions of Section
3 of the aforementioned Republic Act, should now be amended because with the
dissolution of the National Abaca and Other Fibers Corporation, the
administrative functions, duties and responsibilities of the said Corporation
under Republic Act No. 477 have been transferred to the Board of Liquidators and
the disposition by the Board of Liquidators cf the subdivided lots which are
unoccupied, under the provisions of Republic Act No. 477, has been seriously
hampered by the requirement prescribed in the said section for the drawing of
lots among qualified applicants, which procedure of land disposal has been fcund
to be impractical, conducive to speculative schemes, and inconsistent with the
present national policy, to hasten the redistribution of land for the benefit of
the landless people in the country.
WHEREAS, it has also been observed that one of the problems
encountered in the administration and disposition of lands under Section 3 of
Republic Act No. 477 is the fact that there is no provisions in the said
section, or anywhere in the aforesaid Republic Act which authorizes the
disposition of lands and/or improvements thereon whose awards have been properly
cancelled, which situation prevents the speedy redistribution of the lands and
improvements mentioned and obstructs the attainment of the objectives of the law;
WHEREAS, Section 8 of the same Republic Act imposes certain
restrictions on the lands acquired under the said Act, by providing that such
lands or any permanent improvements thereon shall not be subject to encumbrance
of alienation from the date of the award of the land or the improvements
thereon, and for a period of ten (10) years from the date of the issuance of the
certificate of title, which restrictions on the right to alienate or encumber
the lands and permanent improvements acquired under the Act have worked to the
disadvantage of the people who are intended to be benefitted by the same law by
depriving them of the full enjoyment and utilization of such property and are
manifestly no longer justified by the present circumstances.
NOW, THEREFORE, I ,FERDINAND E. MARCOS, President of the
Republic of the Philippines, by virtue of the powers vested in me by the
Constitution, do hereby order and decree as follows: