Question & AnswerQ&A (EXECUTIVE ORDER NO. 636)
Executive Order No. 636 pertains to terminating the collection of tolls at the Lipay Toll Bridge in the Province of Zambales.
The toll collection was terminated because the total cost of the Lipay Toll Bridge, including interest at five percent per annum, had been fully recovered as certified under Act No. 3500, as amended.
Act No. 3500 is a law that presumably governs the recovery of costs and collection of tolls for infrastructure projects like bridges; the order references its provisions for certification of cost recovery.
The Provincial Treasurer of Zambales must receive a copy of the order for it to take effect.
It takes effect upon receipt of a copy of the order by the Provincial Treasurer of Zambales.
The interest rate mentioned is five percent per annum.
It applies specifically to the Lipay Toll Bridge in the Province of Zambales.
Marciano Roque signed the Executive Order as Acting Executive Secretary.