Agrarian Reform Loan Condonation Act

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Republic Act No. 11953: Agrarian Reform Loan Condonation Act

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Title Source: Supreme Court: Agrarian Reform Loan Condonation Act

Law: Republic Act No. 11953

Decision Date: Jul 7, 2023

The New Agrarian Emancipation Act, Republic Act No. 11953, condones all principal loans, unpaid amortizations, and interests for Agrarian Reform Beneficiaries (ARBs) and exempts them from payment of estate tax on agricultural lands awarded under the Comprehensive Agrarian Reform Program.

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