Republic Act No. 10374

: The Land Bank of the Philippines is established to finance the acquisition by the Government of landed estates for division and resale to small landholders, as well as the purchase of the landholding by the agricultural lessee from the landowner.
: It extends the legal existence of the Land Bank of the Philippines for a period of fifty (50) years from the expiration of its original term on August 8, 2013, renewable for another fifty (50) years.
: The principal place of business of the Land Bank of the Philippines is in Manila.
: The Central Bank has the authority to promulgate rules and regulations affecting the Land Bank of the Philippines.
: If any provision is declared invalid or unconstitutional, the remaining provisions that are not affected shall continue to be in force and effect as per the Separability Clause.
: All laws, decrees, executive orders, proclamations, rules and regulations, and other issuances or parts thereof inconsistent with the provisions of this Act are repealed or modified accordingly.
: The Act took effect fifteen (15) days after its complete publication in the Official Gazette or in at least two newspapers of general circulation, whichever is earlier.
: The original term expired on August 8, 2013.
: It was approved by Speaker Feliciano Belmonte Jr., Senate President Juan Ponce Enrile, and President Benigno S. Aquino III.
: It is referred to as the 'Bank' in the amended Section 74.