Macapagal Regime Marcos Regime (October 21, 1972) Aquino Regime (June 10, 1988)

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RA 3844 PD 27 RA 6657

EFFECTIVITY Macapagal Regime Marcos Regime (October 21, 1972) Aquino Regime (June 10, 1988)
COVERAGE Land Reform Areas as declared All land devoted to rice and corn All public and private
by NLRC (including the coverage of RA agricultural lands regardless of
3844) tenurial arrangement and
commodity produced
RETENTION LIMITS *land requirements* Family-Size Seven (7) hectares Five (5) hectares
Farm
BENEFICIARY/IES Sharetenants/ sharecroppers/ Leasehold tenants of private Qualified farmer beneficiaries
farmers under share tenancy agricultural lands devoted to
rice and corn under a system of
sharecropping/lease tenancy
PAYMENT Cash payment of 10% and (1) Payment in cash/kind JUST COMPENSATION (cost of
balance payable by LBP bonds at directly by tenant acquisition, current value,
6% interest per annum which is farmer; nature, actual, income, sworn
tax free to mature after 25 (2) LBP bonds payable in valuation by the LO, tax dec.,
years, or purchase of 30% 10 years, 10% of assessment made by govt.
preferred stocks issued by the which shall be paid in assessors, etc.)---Dar has its
LBP and balance payable in LBP cash and the own formula)
bonds at 6% interest per annum remaining balance in
tax free with maturity date of 25 the form of LBP Direct payment in cash/kind by
years. bonds. 1/10 of the former beneficiary.
face value of the
bonds shall mature
every year;
(3) Other modes of
payment as approved
by the PARC.
AMORTIZATIONS (1) Rentals paid shall be In case of compulsory Payment in 30 annual
credited as acquisition method, 15 equal amortizations at 6% interest per
amortization when amortizations for 15 years with annum. The payments for the
land is expropriated 6% interest per annum. first 3 years after the award may
or when it is be at reduced amounts as
redeemed. established by the PARC:
(2) (p.56) Provided, that the first (5)
annual payments may not be
more than 5% of the value of the
annual gross production as
established by the DAR.
EFFECTIVITY OF FAILURE TO PAY Default of atleast 3 installments Failure to pay 3 annual Failure to pay 3 aggregate
will be notified to DAR/LBP: amortizations will result to annual amortizations will result
(1) Answer for the default foreclosure with redemption for to foreclosure with redemption
in case the failure is 2 years. for 2 years.
due to fortuitous
event;
(2) Take over the
ownership and
administration of the
landholding;
(3) Substitute another
qualified beneficiary if
lessees fault.
EFFECTIVITY OF LAND AWARD Not awarded to lessee Upon issuance of Emancipation (1) Already existing by
Patent June 15, 1988 --- June
15, 1998;
(2) Not yet in commercial
production and
operation --- after
first year of
commercial
production and
operation;
(3) Multi-crop farms:
(a) Already
existing ---
June 15, 1998;
(b) Not yet in
operation ---
first year of
commercial
production and
operation;
(4) Intercropped --- based
on the main crop or
crop most prevalent;
(5) Varying crop ages ---
based on the mose
prevalent age group
in area.
LAND AWARDED (size) No awarding (Family-size farm) 5 hectares (unirrigated) Not more than 3 hectares OR
3 hectares (irrigated) shares of stock of corporations
(stock distribution option)

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