Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails.・Read the official text ↗
Claimants.
SEC. 14. Claimants. - Any person who is a lawful owner of a residential, cultural, commercial structures, and other properties as stated in the definition of terms located in MAA or OAA, and was destroyed or damaged either totally or partially on the occasion of the Marawi Siege and the heirs of those who dies and legally presumed dead may file a claim with the Board for compensation in accordance with the provisions of this Act.
Determination of Monetary Compensation.
SEC. 15. Determination of Monetary Compensation. - (a) The Board shall determine the monetary compensation and award of the lawful owner(s), whichever is the lower amount of either the fair market value of the residential, cultural, commercial structures, or other real properties or the value of its total area per storey equivalent to an amount to be determined in the implementing rules and regulations of this Act. In case of claims for loss or destruction of personal properties, the claimant shall present competent evidence of the loss or destruction, ownership, as well as the fair market value of the personal properties. (b) Within thirty (30) days after the Board has approved with finality each eligible claim pending before it and after due publication of such legitimate claim, the award of monetary compensation shall take effect: Provided, That any pending appeal filed by an aggrieved claimant before the Board must be resolved by the Board not later than sixty (60) days before it becomes functus officio.
Provisions on this page are reproduced verbatim from official open data. See the attribution line.
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).