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PD 464 Section 92

Basis for payment of just compensation in expropriation proceedings.

Section 92

SEC. 92. Basis for payment of just compensation in expropriation proceedings.—In determining just compensation when private property is acquired by the government for public use, the basis shall be the market value declared by the owner or administrator or anyone having legal interest in the property, or such market value as determined by the assessor, whichever is lower.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER VIII.—Organization, Functions and Supervision →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

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

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