SEPRES,
é %,
¥

Hous,
anit

Ponies?

Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City

FIFTEENTH (157) CONGRESS
First Regular Session

5783

House Bill No..

Introduced by HONORABLE ALBERT RAYMOND S. GARCIA

EXPLANATORY NOTE

It is imperative that the government intensifies, strengthens and
accelerates economic and industrial development by embarking on all
energy and energy-allied activities and energy-related infrastructure
projects and such other business activities that would encourage active
private sector participation and investment;

Presidential Decree No. 949 has vested the administration and
ownership in favor of the Philippine National Oil Company (PNOC) of
that parcel of land of the public Domain located at Lamao, Limay,
Bataan which was reserved for industrial estate purposes, specifically
the development, operation and management of a petrochemical
industrial zone;

In order that PNOC could effectively and efficiently contribute to
the attainment of economic and industrial development in the country,
there is a need to broaden and maximize the use of the parcel of land
at Lamao, Limay, Bataan, to include not only activities belonging to
petrochemical and related industries but also to all energy and energy-
allied activities and energy-related infrastructure projects as well as to
such other business activities that would promote its best economic
use, as determined by PNOC, and would establish the same as an
integrated investment hub in the region.

In view of the foregoing reasons, immediate passage of this bill is

earnestly sought. =
ALB} RAYMOND S. GARCIA


Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City

FIFTEENTH (15™") CONGRESS
First Regular Session

House Bill No., 5783

Introduced by HONORABLE ALBERT RAYMOND S. GARCIA

AN ACT
FURTHER AMENDING PRESIDENTIAL DECREE NO. 949, ENTITLED
“VESTING THE ADMINISTRATION IN FAVOR OF THE PHILIPPINE
NATIONAL OIL COMPANY OF THAT PARCEL OF LAND OF THE PUBLIC
DOMAIN LOCATED AT LAMAO, LIMAY, BATAAN WHICH WAS RESERVED
FOR INDUSTRIAL ESTATE PURPOSES PURSUANT TO PROCLAMATION
NO. 361 DATED MARCH 6, 1968 AS AMENDED BY PROCLAMATION NO.
630 DATED NOVEMBER 29, 1969 AND FOR OTHER PURPOSES”

Be it enacted by the Senate and House of Representatives of the
Philippines in Congress assembled:

SECTION 1. SECTION 1 of PD 949 is hereby amended to read:

“SECTION 1. ASSIGNMENT OF DUTY.- The administration,
management, and ownership of that parcel of land of the public domain
located at Lamao, Limay, Bataan which is reserved for industrial estate
purposes and more particularly described in Presidential Proclamation No.
361 dated March 6, 1968 as amended by Proclamation No. 630 dated
November 29, 1969, subject to private rights, if any, which shall be the
subject of expropriation, is hereby transferred to the Philippine National
Oil Company (PNOC) in full and absolute ownership for the nominal sum
of One Peso; Provided that, ALL LOCATORS, LESSEES AND SUB-
LESSEES, now operating therein shall be allowed to continue with its
usual business operations, transactions and activities as authorized by
law subject to such rules and regulations as PNOC may prescribe. x x x.”

SECTION 2. SECTION 2 of P. D. 949 is hereby amended to read:

“SECTION 2. PURPOSE OF LAND USE.- The Philippine National Oil
Company shall manage, operate and develop the said parcel of land as AN
[a petrochemical] INDUSTRIAL ZONE and will establish, develop and
operate or cause the establishment, development and operation thereat of
petrochemical and related industries, AS WELL AS OF BUSINESSES


ENGAGED IN ENERGY AND ENERGY-ALLIED ACTIVITIES OR ENERGY-
RELATED INFRASTRUCTURE PROJECTS, OR OF SUCH OTHER
BUSINESS ACTIVITIES THAT WILL PROMOTE ITS BEST ECONOMIC
USE, AS DETERMINED BY PNOC BOARD OF DIRECTORS, by itself or its
subsidiaries or by any other entity or person it may deem competent alone
or in joint venture; Provided, that, where any petrochemical industry OR
ENERGY OR ENERGY-RELATED INDUSTRY OR ANY SUCH OTHER
BUSINESS as determined by PNOC is operated by private entities or
persons, whether or not in joint venture with the Philippine National Oil
Company or its subsidiaries, the Philippine National Oil Company may
Tease, sell and/or convey such portions of the [petrochemical]
INDUSTRIAL ZONE to such private entities or persons.

SECTION 3. SECTION 3 is amended to read:

“SECTION 3 . AUTHORITY TO PRESCRIBE RULES.- The Philippine
National Oil Company shall prescribe such rules and regulations as shall
be necessary in the establishment, management, operation and
development of the [petrochemical] INDUSTRIAL ZONE.

SECTION 4. A new SECTION 4 is hereby inserted to read:

SECTION 4, SEPARABILITY CLAUSE.- SHOULD ANY SECTION OR
PROVISION OF THIS ACT BE HELD UNCONSTITUTIONAL OR INVALID,
SUCH DECLARATION SHALL NOT INVALIDATE OTHER PROVISIONS
HEREOF.

SECTION 5. SECTION 4 is numerically adjusted as SECTION 5:
“SECTION [4] 5. REPEALING CLAUSE.- All laws, decrees, executive

orders, proclamations, rules and regulations inconsistent herewith are
hereby repealed and/or modified accordingly.

SECTION 6. SECTION 5 of P.D. 949 is numerically adjusted as SECTION 6
and amended to read:
SECTION [5] 6. EFFECTIVITY.- This Act shall take effect fifteen (15)
days upon its publication in two (2) newspapers of general circulation.

Approved,