Preamble
WHEREAS, there has been an unprecedented increase in the cost of equipment, materials and supplies used by the Land Registration Commission; WHEREAS, it is in consonance with sound fiscal policy that the registration fees collectible by the Land Registration Commission through its registries of deeds be adjusted accordingly. NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers in me vested by the Constitution, do hereby decree and order: