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RA 1400 (Land Reform Act of 1955) Section 23

RA 1400 (Land Reform Act of 1955) Section 23

Definition of terms.

Section 23

SEC. 23. Definition of terms.—For the purposes of this Act, the following terms are defined as follows: Agricultural lands—shall mean lands devoted to agricultural production and shall include the farm home lots. Family-size farm units—shall mean such area of farm land not exceeding six hectares as will permit the efficient use of the labor resources of the farm family, taking into account the addition of such supplemental labor as may be necessary either for seasonal peak loads or during the developmental and transitional stages of the family itself. At cost—shall mean the purchase price plus six per cent interest per annum for twenty-five years which includes the one per cent per annum for administration expenses, plus actual expenses for survey, subdivision and registration. The total, divided into twenty-five equal installments, shall be the annual cost to the tenant for tweny-five years.

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Other provisions in RA 1400 (Land Reform Act of 1955)

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

CitationRA 1400 (Land Reform Act of 1955) Section 23 (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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