RA 4724 Section 8

Ownership of property.

Section 8

SEC. 8. Ownership of property.—All properties, equipment and facilities acquired through the Metals Industry Development Fund shall be owned by the research institution be established under this Act: Provided, however, That if the said institution is dissolved within seven years from the approval of this Act, the ownership of all such properties, equipment and facilities shall revert to the National Science Development Board.

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Other provisions in RA 4724

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 4724 Section 8 (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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