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BP 340 Section 4

Section 4

SEC. 4. The just compensation for the expropriated properties shall be determined by the court based on their fair market value, after considering all the facts which make them commercially valuable. Upon the expropriation of said parcels of land, the Government shall deposit at the Philippine National Bank at its main office or any of its branches an amount as may be determined by the court, the Government or its authorized instrumentality, agency or entity shall be entitled to immediate possession and disposition of the property and improvements thereon including the power of demolition if necessary.

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Other provisions in BP 340

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationBP 340 Section 4 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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