Legal basis and classification rule
- Section two of Republic Act No. 1515 authorizes the declaration of a municipal district as a municipality upon meeting income requirements.
- The municipal district of Magsaysay must have realized an average annual income of more than PHP 4,000 during four consecutive fiscal years ended June 30, 1964.
- The municipality is declared as a fifth class municipality.
- The order states that the fifth class status is equivalent to seventh class pursuant to Republic Act No. 2368.
Policy and purpose statement
- The order effectuates the conversion of the municipal district of Magsaysay into a municipality after the statutory income threshold is met.
Scope: covered place and status change
- The rule applies to the municipal district of Magsaysay in the Province of Lanao del Norte.
- The legal status change is from a municipal district to a municipality.
- The resulting municipal classification is fifth class (equivalent to seventh class).
Income requirement and fiscal period
- The declaration is conditioned on an average annual income of more than PHP 4,000.
- The income must be averaged across four consecutive fiscal years ended June 30, 1964.
Continuity of elective officials
- The present elective officials of the municipal district of Magsaysay continue to hold their corresponding municipal offices after the declaration.
- Continuation of office lasts until their successors are elected in the next general elections for local officials and have qualified.
Date of effect and transition timing
- The municipality status and classification operate effective as of July 1, 1964.
- The transition for leadership occurs through the next general elections for local officials and the qualification of successors.