Legal basis and official recommendations
- Proclamation No. 1129 is issued under the powers vested in the President by Republic Act No. 7916, the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748.
- Proclamation No. 1129 is made upon recommendation of the Board of Directors of the Philippine Economic Zone Authority.
- Proclamation No. 1129 is issued subject to Implementing Rules and Regulations of Republic Act No. 7916.
- Proclamation No. 1129 is issued consistent with P.E.Z.A. Board of Directors Resolution No. 00-411 dated 29 December 2000 and P.E.Z.A. Board of Directors Resolution No. 05-247 dated 28 July 2005.
Policy and purpose of designation
- Proclamation No. 1129 designates the Insular Life Corporate Center as an Information Technology Center to align with the framework of Republic Act No. 7916, as amended by Republic Act No. 8748.
- Proclamation No. 1129 designates the center subject to the legal and regulatory conditions governing information technology zones under Republic Act No. 7916.
Designated IT center and location
- Proclamation No. 1129 creates and designates a building known as Insular Life Corporate Center as an Information Technology Center.
- Proclamation No. 1129 covers land located at Insular Life Drive, Filinvest Corporate City, Alabang, Muntinlupa City.
- Proclamation No. 1129 locates the property in Muntinlupa City, Province of Metro Manila, Island of Luzon.
- Proclamation No. 1129 designates the IT center standing on two parcels of land within the private domain.
Covered parcels and total area
- Proclamation No. 1129 designates land with an aggregate area of Four Thousand One Hundred Ninety Five (4,195) Square Meters, more or less.
- Proclamation No. 1129 designates Lot 2-A covered by TCT No. 206375, with an area of Two Thousand One Hundred Fifty Four (2,154) square meters, more or less.
- Proclamation No. 1129 designates Lot 3, Block 4 covered by TCT No. 206376, with an area of Two Thousand Forty One (2,041) square meters, more or less.
- Proclamation No. 1129 identifies the technical description of Lot 2-A and Lot 3, Block 4 through defined boundaries, bearings, and survey/approval references.
Technical descriptions: Lot 2-A (TCT No. 206375)
- Proclamation No. 1129 identifies Lot 2-A as a portion of Lot 2, Block 4 under subdivision plan Psd-00-040032, being a portion of Lot 2, Block 4, Psd-00-036829, with the parcel situated in Barangay of Alabang, Municipality of Muntinlupa, Province of Metro Manila.
- Proclamation No. 1129 states the boundary descriptions for Lot 2-A by references to Road Lot 12, Lot 3, Block 4, Road Lot 3, Lot 2-B, and Road Lot 5, all of Psd-00-036829.
- Proclamation No. 1129 provides a starting point “1” described as N. 35 deg. 8W., 1154.98 m. from Mon. No. 3, Muntinlupa Estate.
- Proclamation No. 1129 includes a metes-and-bounds enumeration for the perimeter of Lot 2-A and identifies survey dates and subdivision survey approval.
Technical descriptions: Lot 3, Block 4 (TCT No. 206376)
- Proclamation No. 1129 identifies Lot 3, Block 4 as a portion of Lot 392, Muntinlupa Estate, under (Swo-13-000665) and subdivision plan Psd-OO-O36829, situated in Barangay of Alabang, Municipality of Muntinlupa, Province of Metro Manila.
- Proclamation No. 1129 states the boundary descriptions for Lot 3, Block 4 by references to Lot 4, Block 4, Road 3, Lot 2, Block 4, and Road 12, all of the subdivision plan.
- Proclamation No. 1129 provides a starting point “1” described as N. 32 deg. 53'W., 1156.75 m. from Mon. No. 3, Muntinlupa Estate.
- Proclamation No. 1129 includes a metes-and-bounds enumeration for the perimeter of Lot 3, Block 4 and identifies the survey and subdivision survey dates and approval.
Effect of designation and compliance condition
- Proclamation No. 1129 creates and designates the Insular Life Corporate Center as an Information Technology Center subject to Republic Act No. 7916, as amended by Republic Act No. 8748, and its implementing rules and regulations.
- Proclamation No. 1129 ties the designation to the IT-center framework under the Special Economic Zone Act of 1995 and its amendment.
Signatory and formal issuance
- Proclamation No. 1129 is signed by Gloria M. Arroyo, President of the Philippines.
- Proclamation No. 1129 is countersigned by Eduardo R. Ermita, Executive Secretary.